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The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
China called for stability for shipping routes in the Middle East after Iran said Sunday its parliament voted to close the ...
US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one of the world's ...
The Straits are the only sea route from the Persian Gulf to the open ocean, and about 20% of the world’s oil transits the ...
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of Hormuz after ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
The Iranian Parliament on Sunday approved a measure to close the Strait of Hormuz after the United States bombed three ...
Tehran can cause the price of oil to spike, but it will hurt itself more.
15hon MSN
Iran’s foreign minister warned earlier Sunday that the Islamic Republic “reserves all options to defend its sovereignty” ...
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