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Kharg Island serves as Iran's main oil export terminal, managing over 90% of the nation's crude oil exports. Its strategic ...
The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate against commercial vessels following after US airst ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
Iran may be threatening to close the Strait of Hormuz, but experts told CNBC that it’s also the one with the most to lose ...
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MeidasTouch News on MSNOil Futures Skyrocket as Iran Moves to Close Off Persian GulfOil futures spiked Sunday evening following the U.S. attack on Iran, after which the Iranian government voted to block ...
Iranian lawmakers approved a decision to close the vital oil shipping route after the U.S. strikes on its nuclear facilities ...
China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...
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Iranian officials have warned the U.S. to stay out, saying it would have dire consequences for the entire region.
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Attacks on Iranian nuclear sites have thrust the US into the escalating conflict between Israel and Iran. President Donald Trump warned further US intervention was possible as the world awaits an ...
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