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Namely, whether Israel decides to target Iran’s oil production and export facilities, and whether Iran seeks to close the Strait of Hormuz, or at least impede shipping through the waterway.
The path of totality will carve an arc of darkness across the surface of our planet – at the height of the August tourist ...
The Chinese navy is in the Strait of Gibraltar as a U.S. aircraft carrier makes its way from the East Coast to Europe.
Oil market concerns over Middle East hostilities became almost exclusively focused over the past week on the Strait of Hormuz and the potential for short-term disruption. That’s what analysts at ...
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint due to the large volumes of cr… ...
“The closing of the Strait of Hormuz is something that would be extremely dangerous and not good for anybody.” ...
The Strait of Hormuz is a vital artery for global energy flows, accounting for about 25% of global seaborne oil shipments and about 20% of liquified natural gas flows.
Despite fears about how oil shipments could be affected if Iran targets tanker traffic moving through the Strait of Hormuz, global supply remains strong.
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