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Strait of Hormuz: What to know about the crucial oil passage Iran might block following US strikes
When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can carry 2 million barrels of oil — began avoiding the Strait of Hormuz after the U.S. strikes on Iran, Reuters and CNBC reported.
Lloyd, Frontline confirm transits via Strait of Hormuz continue but they actively monitor security risks, while insurance ...
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Approximately 200 Greek-owned ships are currently operating in the broader region of the Persian Gulf and the Gulf of Oman ...
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
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