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U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...
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Iran has warned that it could shut the Strait of Hormuz, one of the world's most critical oil transit chokepoints, in retaliation for U.S. involvement in its conflict with Israel. "If the United ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
Hardline Iranian lawmaker Esmail Kosari said any closure of the Strait of Hormuz was still under review but no decision has yet been made, in comments carried by Iran's state media on Monday.
The Iranian authorities seized a foreign oil tanker from the Sea of Oman on July 16. According to Mehr News Agency, citing ...
East and there are already knock-on effects impacting economies globally, including with higher prices for gasoline at the ...
It appears that Iran was not very close to trying to block shipping through the Strait of Hormuz. That’s what Edward L. Morse ...
While the Iranian threat has loomed of effectively closing the passage, US intelligence indicated that Iran's naval vessels were prepared to escalate the conflict further ...
New Rabobank research shows the potential effect of losing this critical shipping channel to the global fertilizer market.
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being ...
Iran's military could have also simply been making necessary preparations in the event that Iran's leaders gave the order. The Strait of Hormuz lies between Oman and Iran and links the Persian ...