Iran closes Strait of Hormuz
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The continental collisions that created this narrow Mideast waterway endowed the region with its petrochemical riches—and created a chokepoint that can disrupt the global oil trade.
How China will likely play a key role in restoring flows to the Strait of Hormuz and potentially avoiding a global economic recession.
The steady flow of Gulf oil shipments to Europe, the United States and Asia through the narrow shipping lanes of the Strait of Hormuz has created the world’s largest oil transit chokepoint.
Just after Secretary of Defense Pete Hegseth and Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, said on Wednesday that the Strait of Hormuz had reopened in accordance with a ceasefire agreement, Iran said it had closed the passage and accused Israel of violating the deal.
Bandar Abbas fires rage at Iran's main naval headquarters following possible U.S.-Israeli strikes. President Donald Trump won't rule out sending U.S. troops to Iran.
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Iran threatens to take control of ‘strategic’ Bab al-Mandeb Strait if US invades Kharg Island
Iran has threatened to open a new front in the war and disrupt the all-important Bab al-Mandeb Strait trade route if the US invades Kharg Island. After effectively shutting down the Strait of Hormuz and choking 20% of the world’s oil supply shipments,
For now, and back to less lofty ideals, we can just state the obvious: as the past month’s bombing reminds us, the Strait of Hormuz couldn’t care less about the Federal Reserve.
History records the seventeenth-century Battle of Hormuz as one of the biggest naval battles of that era, fought between the dominant powers of Portugal and an Anglo-Dutch alliance. Today’s battle at the Strait of Hormuz,