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Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
While Tehran has frequently threatened to block the waterway in response to military pressure or sanctions, the prospect ...
Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...
Iran is seriously considering closing the strategic Strait of Hormuz after launching missile attacks on Israel, threatening a ...
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...