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The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Ocean freight rates from Shanghai to the Port of Khor Fakkan on the United Arab Emirates' Indian Ocean coastline are up 76% ...
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
SINGAPORE/LONDON (Reuters) -At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes ...
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