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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.
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Asia’s dependence on Middle East oil and gas — and its slow shift to clean energy — leave it vulnerable to disruptions in ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being ...
Energy Secretary Chris Wright discusses President Trump's directive to 'drill, baby, drill' as Iran threatens to blockade the ...
US stock futures inch up, awaiting Iran's response to a US strike. Oil prices off 5-month highs. Eyes are on whether Iran ...
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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