Iran is mulling the closure of the Strait of Hormuz, the vital waterway that separates the Gulf state from the Arabian Peninsula.
Sardar Esmaeil Kowsari, a senior IRGC commander and
Iran is mulling the closure of the Strait of Hormuz, the vital waterway that separates the Gulf state from the Arabian Peninsula.
Sardar Esmaeil Kowsari, a senior IRGC commander and member of Iran’s parliament, told domestic media on Saturday that closing the Strait was “under consideration”.
Such a move is likely to have a significant impact on oil and gas shipping, with an estimated 20% of globally consumed oil and 20-30% of LNG passing through the 33 km-wide waterway.
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