In July 1988, Iran Air Flight 655 was shot down over the Strait of Hormuz by the US Navy, killing all 290 on board. The ...

Iran Considers Closing Strait of Hormuz Iran could shut the Strait of Hormuz as a way of hitting back against its enemies, a senior lawmaker said on Thursday, though a second member of parliament ...

The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most important oil chokepoint. The strait is between Oman and Iran. About 20 ...

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.

DUBAI (Reuters) -Hardline Iranian lawmaker Esmail Kosari said any closure of the Strait of Hormuz was still under review but no decision has yet been made, in comments carried by Iran's state ...

It appears that Iran was not very close to trying to block shipping through the Strait of Hormuz. That’s what Edward L. Morse, Senior Advisor and Commodities Strategist at Hartree Partners LP ...

Would that be possible, and what effects would it have? The Strait of Hormuz is a choke point at the entrance to the Persian Gulf. It is used to transport about 20% of global daily oil consumption.

The Strait of Hormuz also brings 25% of ammonia, 20% of DAP, 10% of MAP and 30% of sulfur global exports. Taylor says an important factor would be the timing.

The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil passing through it annually.