As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait of Hormuz, which is critical to the world’s oil production.
Two ocean tankers crashed into each other and burst into flames near the strait early Tuesday morning amid reports of electronic interference caused by Israel and Iran launching missiles at each other over the past few days.
As pressure in the area increases, here’s everything you need to know about the Strait of Hormuz amid the conflict and what it means for oil supply beyond the region:
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What is the Strait of Hormuz?
The Strait of Hormuz is a narrow passage stretching from the Omani Musandam Peninsula to Iran, connecting the Persian Gulf to the Gulf of
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