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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.
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.
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 ...
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 military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in ...
Iran's threat to close the Strait of Hormuz could disrupt world oil prices 03:32. The United States launched military strikes on three Iranian nuclear facilities Sunday morning local time, an ...
Following Iranian strikes on the U.S. Al Udeid Air Base and Tuesday's shaky ceasefire between Israel and Iran, the future of ...
The vote took place Sunday after the U.S. on Saturday evening hit three Iranian nuclear sites and significantly damaged the ...
Pentagon officials are trying to prepare for all of the ways Iran could retaliate, as President Trump hints at what he might ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
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.