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As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.
For years, Tehran has threatened to close the Strait of Hormuz, a key energy shipping route to its south. A blockade would hit Asian markets hardest, with global high prices also affecting the US.
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 ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.
A functioning Strait of Hormuz is “absolutely essential” to the health of the global economy, he said.
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked as doubts linger over the ceasefire between Israel and Iran ...
What Is the Strait of Hormuz, and Why Is It Important? Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas.
The potential closure of the strait raises a difficult question for Indo-Pacific policymakers: how can states shield themselves from strategic chokepoint shocks?
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.
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
The shipping industry calculated that Iranian leaders would act out of self-interest and leave the strait open—precisely what Tehran did.
Iran's top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, after parliament reportedly backed the measure in response to U.S ...