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Why is the Strait of Hormuz so important for Oil, and what happens if Iran blocks it?
The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...
Why the Strait of Hormuz is critical to global oil supplies
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
Oil price falls back as flow of crude through Strait of Hormuz unaffected
About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...
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Iran Threatens To Leave Nuclear Treaty and Close Strait of Hormuz
Amid escalating attacks between Iran and Israel, Iran threatens to withdraw from the Nuclear Non-Proliferation Treaty and potentially close the Strait of Hormuz, a critical global oil route.
Factbox-The Strait of Hormuz: the world's most important oil artery
Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and military commanders during the start of a prolonged operation to prevent Tehran ...
Oil News: Tensions at Hormuz Threaten 20M bpd Oil Flow, Fueling Price Surge
Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...
Shares slide and crude oil prices bounce higher as Israel warns people in Iran's capital to evacuate
Share prices skidded in Europe and Asia on Tuesday after Israel’s military issued an evacuation warning to 330,000 people in Iran’s capital Tehran. U.S. futures also declined. Oil prices bounced after ...