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Blocking of Strait of Hormuz to trigger 'oil shock' — RDIF CEO
The US will also suffer, noted the special representative of the Russian president for investment and economic cooperation
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tass.com
Blocking of Strait of Hormuz to trigger 'oil shock' — RDIF CEO
The US will also suffer, noted the special representative of the Russian president for investment and economic cooperation
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bbc.com
What is the Strait of Hormuz and why does it matter?
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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forbes.com
Oil Prices Would Soar 30% If Iran Blocks Strait Of Hormuz, Goldman Says
Already up 15% over the last two weeks, prices for the Brent crude oil international benchmark could soar to its highest level in years if Iran blocks a key oil chokepoint.
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lemonde.fr
Israel-Iran war: Hormuz, the world's oil chokepoint, is under tension
A blockade of the strait, through which one-fifth of global oil consumption passes, would have a catastrophic impact on the world economy. Iran, which depends on its oil revenues,…