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US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one of the world's ...
U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of Hormuz after Washington carried out strikes on Iranian nuclear sites.
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
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How the Strait of Hormuz Became the Ultimate Pressure Point in the US-China-Iran Oil Chess MatchThe Strait of Hormuz is not just a waterway; it is the artery of global energy. Any blockade would trigger a chain reaction ...
Iran mulls closing the Strait of Hormuz as retaliation: How it could affect global shipping, economy
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
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What is the Strait of Hormuz and why is it so significant?The EIA estimates that 84% of the crude oil and 83% of the liquefied natural gas that moved through the Strait of Hormuz last year went to Asian markets. China, the largest buyer of Iranian oil, ...
Europe's dwindling oil and gas reserves limit its ability to buffer global shocks, reinforcing the need for alternatives.
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 ...
The stretch of water borders the coastline of several Middle East countries, including Iran, and is vital for the global oil ...
China called for stability for shipping routes in the Middle East after Iran said Sunday its parliament voted to close the Strait of Hormuz. The waterway, which lies between Iran and Oman, is a key ...
Since the start of the war in Gaza, Iranian-backed Houthi rebels in Yemen have ramped up attacks on ships in the Red Sea, ...
Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...
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