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From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Iran has control over the shipping chokepoint that handles much of China’s imported oil, and Beijing will get daily updates ...
India, China, South Korea and Japan could be among the Asian countries facing pain at the pump if Iran decides to close the ...
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...
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