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Closing the Strait of Hormuz is on the menu as Iran weighs up its response to attacks from Israel and potential intervention from Western powers, Upstream's sister title TradeWinds reported.
Market Extra Market Extra It isn’t just the Strait of Hormuz. Oil traders and global investors await Iran’s response to U.S. strike. By William Watts Published: June 22, 2025, 4:20 p.m. ET Share ...
U.S. Secretary of State Marco Rubio called on China to prevent Iran from blocking the Strait of Hormuz in retaliation for U.S. airstrikes. About 20% of the world's oil passes through the Strait of ...
Iran's parliament reportedly pushed the nation on Sunday to close the Strait of Hormuz, a key chokepoint for oil and gas, but Iran's Supreme National Security Council will make the final decision.
Closing the Strait of Hormuz is one of the ways Iran could retaliate after the U.S. bombed three of the country’s nuclear sites. Here’s what that would mean.
The Strait of Hormuz is the narrow mouth of the Persian Gulf that flows into the Gulf of Oman, where ships can then travel to the rest of the world. The Strait is in the territorial waters of Iran and ...
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