Hormuz Strait

European gas prices forecast to reach $600 as Iran closes the Strait of Hormuz

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European gas prices could skyrocket to $600/1,000m3 even though Iran may only close the Strait of Hormuz for a short time.

Iran blockades the Strait of Hormuz

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The Strait of Hormuz unexpectedly fell into an unprecedented spiral of tension as Iran announced its closure and threatened to attack all ships trying to cross.

Iran still has a strategic card that could strike at the US

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Iran still holds in its hands an unofficially used strategic card of paralyzing the Strait of Hormuz, which could lead to a shock to gasoline and oil prices in the US.

Oil tanker paralyzed in the Strait of Hormuz, Russia warns of global oil shock

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At least 3 oil tankers were damaged, more than 200 ships anchored in the tense Hormuz Strait due to Iranian war, while Russia warned of a global oil price shock.

Oil tanker raided near the Strait of Hormuz amid escalating conflict

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Oman said the oil tanker was attacked off the coast of northern Oman.

Hormuz Strait paralyzed after Iran airstrike, oil prices jump more than 8%

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Oil transportation has almost been temporarily suspended in the Strait of Hormuz, which connects the Persian Gulf with international waters after the US and Israel attacked Iran.

Iran closes the Strait of Hormuz for the first time after more than 40 years

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Iran for the first time announced the temporary closure of the Strait of Hormuz since the 1980s amid tensions with the US.

US intelligence discovers strange actions of Iran in strategic Strait

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US intelligence has warned Iran of unusual actions in the Persian Gulf, possibly to blockade the Hormuz Strait.

Two oil tankers turn around in the Hormuz Strait

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Two super tankers, the Coswisdom Lake and South Loyalty, which are capable of carrying millions of crude oil barrels, have turned around in the Strait of Hormuz.

Risk of Iran closing the Hormuz Strait

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Iran's parliament has approved the closure of the Hormuz Strait and the Supreme National Security Council will make a final decision.

The moment the heat increased in the Persian Gulf when the Iranian fleet joined the battle of US aircraft carrier

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Iranian television broadcast footage of a close-range collision between high-speed motorboats of the Iranian Islamic Revolutionary Guard Corps (IRGC) and the US Navy's aircraft carrier USS Theodore Roosevelt in the Strait of Hormuz.