Iran's parliament approved a measure June 22 endorsing the closure of the Strait of Hormuz, a major oil transportation route, following U.S. airstrikes in Iran.. Around 20% of the world's oil and ...

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 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.

Iran’s parliament has voted to close the Strait of Hormuz, the vital shipping channel through which around 20% of the world’s daily oil flows.

Israel-Iran War: The concerns have resurfaced that Iran might close Strait of Hormuz - a crucial waterway following the strikes on Iran's nuclear facilities by the US. The Strait of Hormuz is a ...

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.

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 ...

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 ...

Iran has been warned that shutting a major oil “choke point” in the Middle East in retaliation for US strikes on its nuclear facilities would be “economic suicide”.

CNN witnesses strike, Strait of Hormuz, health insurance changes & more. CNN 5 Things. Jun 23, 2025. 7 mins. Israel and Iran are trading attacks again and a CNN team witnessed it on the ground.

This round, he has a nickname for the Strait of Hormuz: “The Strait of Hyperbole, because people will invoke it as a reason why crude should go to $100.