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…

Iran's parliament on Sunday approved a move to close the Strait of Hormuz, the entrance to the Persian Gulf where nearly a quarter of the oil shipped around the world passes…