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Strait of Hormuz: What to know about the crucial oil passage Iran might block following US strikes
When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can carry 2 million barrels of oil — began avoiding the Strait of Hormuz after the U.S. strikes on Iran, Reuters and CNBC reported.
The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...
The Strait of Hormuz is the world's most critical and dangerous maritime chokepoint, essential for global energy supplies and ...
The world’s largest shipping trade group, Bimco, says several operators have begun halting transits through the narrow waterway.
The rise in prices came after President Trump said he had "obliterated" Iran's main nuclear sites in strikes over the weekend ...
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