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Strait of Hormuz: What to know about the crucial oil passage Iran might block following US strikes
A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has threatened before to close the waterway,
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
US stock futures inch up, awaiting Iran's response to a US strike. Oil prices off 5-month highs. Eyes are on whether Iran ...
Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that ...
A reduction in the flow of oil and gas through the strait could push a range of prices higher, a threat that policymakers are ...
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
Petroleum minister's statement comes at a crucial time when oil markets are expected to open sharply higher after US' ...
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