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From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
The Strait of Hormuz is a narrow, strategically vital waterway that carries a significant portion of the world's oil and liquefied natural gas, making it the most important energy chokepoint ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
Iran’s threat to close the Strait of Hormuz raises concerns over oil supply disruptions. With two-fifths of crude imports at ...
Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that ...
Petroleum minister's statement comes at a crucial time when oil markets are expected to open sharply higher after US' ...