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Strait of Hormuz Is Vital, and Risky, for Shipping

Strait of Hormuz Is Vital, and Risky, for Shipping

Bloomberg2 days ago

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world's oil trade and is rarely far from the center of global tensions.
Iran has targeted merchant ships traversing the choke point in the past, and has even threatened to block the strait. The route's vulnerability was back in focus after Israel launched airstrikes targeting Iran's nuclear facilities and killed senior military commanders, raising the risk of a wider regional conflict.

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