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Strait of Hormuz: What to know about the crucial oil passage Iran might block following US strikes
When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can carry 2 million barrels of oil — began avoiding the Strait of Hormuz after the U.S. strikes on Iran, Reuters and CNBC reported.
The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...
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 matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
CNN’s Erin Burnett reports from the United Arab Emirates as a ceasefire is set to begin after days of hostilities between ...
Ocean freight rates from Shanghai to the Port of Khor Fakkan on the United Arab Emirates' Indian Ocean coastline are up 76% ...
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