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The Strait of Hormuz, through which 20% of the world’s oil passes, is critical to global energy and trade. CNN explores how ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Iran controls the Northern side of the Strait of Hormuz, a passage which sees significant global trade pass through daily. If ...
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the ...
If things were to re-escalate, the Iranian regime could take a worst-case, most damaging counter-measure by blockading the ...
Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...
The Strait of Hormuz isn’t the only concern when it comes to flows of crude and other energy products out of the Middle East.
Oil prices surged to a five-month high on Monday after Iran signalled it may close the strategically critical Strait of Hormuz in retaliation for US strikes on its nuclear facilities. Brent crude rose ...