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Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
Iran has escalated threats against Germany, a key supporter of Israel, by considering a ban on German-registered or insured ships from transiting the vital Strait of Hormuz. The move comes after ...
East and there are already knock-on effects impacting economies globally, including with higher prices for gasoline at the ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
Iran has long asserted that it can shut down the Strait of Hormuz. While the strait can't be "closed" in the traditional sense - like shutting a road - Iran could attempt to make the waterway too ...
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being ...
What is the Strait of Hormuz and why does it matter? Concern about an escalation of the Israel-Iran war has focused on the waterway. By Max Zahn. June 23, 2025, 7:06 PM. 0:52.
Calls have grown in Iran for the government to restrict Germany's cargo transport activity in the Persian Gulf after Berlin ...
That means that about 15% of global crude oil supply and 20% of liquefied natural gas, or LNG, passes through the Strait of Hormuz, according to Morgan Stanley analysis released on Tuesday.
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 ...
As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait of Hormuz, which is critical to the world’s oil production.. The ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...