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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.
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
Iran’s proposal to close the Strait of Hormuz after U.S. strikes raises fears of oil supply disruptions. How will this impact ...
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Newsable Asianet News on MSNOil supply via Strait of Hormuz unlikely to be hit despite Iran-Israel warExperts warn that any disruptions could cause crude prices to soar, raising significant concerns about economic impacts in ...
Petroleum minister's statement comes at a crucial time when oil markets are expected to open sharply higher after US' ...
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 ...
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