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Iran’s Parliament voted Sunday to close the Strait of Hormuz, the narrow sea passage out of the Persian Gulf. If the regime does this, it will be consistent with Iran’s recent behavior, which ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% ...
The Chinese navy is in the Strait of Gibraltar as a U.S. aircraft carrier makes its way from the East Coast to Europe.
Meanwhile, Goldman Sachs has warned that oil prices could surge to $110 per barrel if traffic through the Strait of Hormuz is severely disrupted — such as a 50% cut for one month followed by a ...
The Strait of Hormuz is between Oman and Iran, which boasts a fleet of fast-attack boats and thousands of naval mines as well as missiles that it could use to make the strait impassable, at least ...
What is the Strait of Hormuz? The Strait of Hormuz is a major oil transportation route, ferrying around 20% of the world's oil and gas flow. The narrow channel, whittling down to just 21 miles ...
But Iran can make it hugely expensive, and dangerous, for the U.S. Navy to have to conduct what would most likely be a weekslong mine-clearing operation in the Strait of Hormuz, according to one ...
One of the most geopolitically sensitive maritime routes, the Strait of Hormuz is just 21 miles across at its narrowest point. It connects the Persian Gulf to the Indian Ocean, with Iran to its ...
The Strait of Hormuz isn’t the only concern when it comes to flows of crude and other energy products out of the Middle East. Oil traders and global investors await Iran’s response to U.S. strike.
A ship sails in the Strait of Hormuz, June 24. Photo: ali haider/epa/shutterstock Your editorial “ Iran’s Strait of Hormuz Gambit ” (June 23) rightly notes the waterway’s importance.