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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 crude that ...
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 ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
The stretch of water borders the coastline of several Middle East countries, including Iran, and is vital for the global oil ...
Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...
Iran loaded naval mines onto vessels in the Persian Gulf last month, intensifying concerns in Washington that Tehran was ...
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 government’s plan to close the Strait of Hormuz could affect global oil supply, including Indonesia’s oil imports ...
The Iranian military loaded naval mines onto vessels in the Persian Gulf in June. Read more at straitstimes.com. Read more at ...
During the elevated tensions in Middle East, the national oil companies of Saudi Arabia and UAE had assured their Indian ...
The Iranian military reportedly loaded mines onto vessels in the Middle East Gulf, a move suggesting it was seriously ...
Global crude oil prices, as tracked by Brent futures, have fallen sharply below $67 per barrel, down from a monthly ...