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Posted: June 24, 2025 | Last updated: June 24, 2025 The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most important oil chokepoint.
The Strait of Hormuz is one of the most strategically vital waterways in the world, linking the Persian Gulf with the Gulf of Oman and the Arabian Sea. This narrow passage handles nearly a third ...
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 ...