Iran Considers Closing ‘Oil Corridor’ The Strait of Hormuz
Following recent U.S. airstrikes on its nuclear installations, Iran is actively considering the closure of the Strait of Hormuz, a move that would have profound global repercussions.The Strait of Hormuz is a narrow but critical maritime chokepoint, connecting the Persian Gulf to the Gulf of Oman, through which approximately 20% of the world’s oil and a significant portion of natural gas are
Following recent U.S. airstrikes on its nuclear installations, Iran is actively considering the closure of the Strait of Hormuz, a move that would have profound global repercussions.The Strait of Hormuz is a narrow but critical maritime chokepoint, connecting the Persian Gulf to the Gulf of Oman, through which approximately 20% of the world’s oil and a significant portion of natural gas are
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