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, has much to lose, as does China, its main customer.

Iran hat angekündigt, die Straße von Hormus zu blockieren, was 20 Prozent des weltweiten Ölhandels betrifft. Diese Drohung führt zu steigenden Ölpreisen und könnte globale…

About a quarter of all global oil flows through the Strait of Hormuz, the only sea passage from the Gulf to the oceans