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Iran approves closure of Strait of Hormuz, a vital oil and gas route
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
How Could Strait of Hormuz Closure Impact Americans?
If Iran closes the Strait of Hormuz, gas prices in the U.S. could surge due to disrupted global oil shipments.
It isn’t just the Strait of Hormuz. Oil traders and global investors await Iran’s response to U.S. strike.
The Strait of Hormuz isn’t the only concern when it comes to flows of crude and other energy products out of the Middle East.
U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows
Iran’s foreign minister warned earlier Sunday that the Islamic Republic “reserves all options to defend its sovereignty” ...
Iran oil doomsday in Hormuz may be more fear than reality: Bousso
Tehran could disrupt vital exports of oil and gas from the region, but history tells us that any disruption would likely be ...
Oil Tanker Collision Near Strait of Hormuz Raises Security Fears
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...
Oil prices jump 3% after U.S. strikes on Iran raise fears of supply disruption
Oil markets are reacting to Washington's surprise attack against Iranian nuclear sites, further escalating the Iran-Israel conflict and raising questions over the crude supply outlook. Iran produced ...
Daily Voice Camden County, NJ on MSN7h
Iran Moves To Close Vital Shipping Channel For Oil After US Strikes
In a significant escalation of geopolitical tensions, Iran's parliament has voted to close the Strait of Hormuz, a crucial ...