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The Strait of Hormuz, through which 20% of the world’s oil passes, is critical to global energy and trade. CNN explores how ...
Hardline Iranian lawmaker Esmail Kosari said any closure of the Strait of Hormuz was still under review but no decision has yet been made, in comments carried by Iran's state media on Monday.
Iranian lawmaker Esmail Kosari revealed that the possibility of closing the critical Strait of Hormuz is still under review, ...
The stretch of water borders the coastline of several Middle East countries, including Iran, and is vital for the global oil ...
Europe's dwindling oil and gas reserves limit its ability to buffer global shocks, reinforcing the need for alternatives.
The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...
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.
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% since ...
It appears that Iran was not very close to trying to block shipping through the Strait of Hormuz. That’s what Edward L. Morse ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.