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What Is the Strait of Hormuz, and Why Is It Important?
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran could potentially retaliate for the American strikes on three of its nuclear sites, analysts say, would be to shut down the Strait of Hormuz, a key shipping route for oil and gas.
A notable event occurred between early Sunday and early Monday, when at least six vessels diverted their courses.
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
Two large Chinese-operated crude carriers went off course as they tried to enter the Strait of Hormuz, after their navigation ...
Iran may be threatening to close the Strait of Hormuz, but experts told CNBC that it’s also the one with the most to lose ...
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