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Iran May Close Strait of Hormuz

Strait of Hormuz: What happens if Iran shuts global oil corridor?

There is considerable speculation that Iran might retaliate for the US's strikes on its nuclear facilities by closing the world's busiest oil shipping channel, the Strait of Hormuz. About 20% of global oil and gas flows through this narrow shipping lane in the Gulf.

Insider on MSN · 3h

Why all eyes are on the Strait of Hormuz, a 90-mile strip critical to global oil prices

The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.

CBS News on MSN · 13h

Strait of Hormuz could be vulnerable to Iran retaliation. Here's what to know about the vital oil trade route.

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.

17h

Iran approves closure of Strait of Hormuz, a vital oil and gas route

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.

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. One way that Iran ...

11hon MSN

Goldman Sachs warns of oil price surge on Strait of Hormuz risks

Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that ...

12hon MSN

Oil prices jump as market awaits Iran response to attacks

How much higher oil prices might go now depends on how Tehran responds to the attacks. Iran’s parliament's voted to close the Strait Of Hormuz, the narrow waterway at the mouth ...

Oil Tanker Collision Near Strait of Hormuz Raises Security Fears

The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...

Oil, Gas Prices Rise as U.S. Strikes on Iran Fuel Supply Fears

The market’s biggest concern is that Iran could disrupt flows through the Strait of Hormuz—a vital artery for about a quarter ...

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