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Iran threatened to close the Strait of Hormuz, in what would serve as another act of retaliation, after the U.S. launched strikes on three key Iranian nuclear facilities over the weekend. While there ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Iran has control over the shipping chokepoint that handles much of China’s imported oil, and Beijing will get daily updates ...
India, China, South Korea and Japan could be among the Asian countries facing pain at the pump if Iran decides to close the ...
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...