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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 the Persian Gulf, its security will remain a major geostrategic concern. If Iran were to cross the red line, the consequences would not be limited to barrels of Oil, but the global economic balance could be shaken.
Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
Escalating conflict between Israel and Iran is raising fresh concerns over Asia’s energy security, analysts said on Tuesday, ...
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...
There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...
British maritime security firm Ambrey said that the incident was not security-related, as the days-long conflict between ...
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