LeadStory

France 24

Iran considering closing the strategic Strait of Hormuz

France 24 · 2 months ago
France 24
France 24
2 months ago

An Iranian lawmaker says Tehran is considering closing the strategic Strait of Hormuz. The Strait lies between Oman and Iran, and is the world's most important gateway for oil shipping.

Breakdown
  • Iran is considering closing the Strait of Hormuz, a key global oil shipping route.
  • About a fifth of the world's oil and gas passes through the strait daily. 5s
  • Closure could provoke US retaliation and harm Iran's trade and foreign relations. 24s
  • Global oil prices would likely spike, and Europe could face energy shortages. 49s
  • International law makes closing the strait nearly impossible, protecting transit rights. 1m 11s
BusinessEconomyMilitary & Conflict