Iran says it temporarily closed parts of the Strait of Hormuz as it conducts live fire exercises, AP explains
Iran said it temporarily closed the Strait of Hormuz, the narrow mouth of the Persian Gulf, as it conducted live fire exercises in the vital waterway, through which 20% of the world's oil passes.
Meduza
Iran’s attacks on energy infrastructure are driving up oil and gas prices. The chaos may end up benefiting Russia.
Amid the war in the Middle East, Iran has been targeting key energy infrastructure across the region. Tehran is also threatening energy exporters, warning that tankers entering the Strait of Hormuz — a narrow,
Roughly one-fifth of the world's oil moves through the passageway
Oil prices jumped Monday as the widening war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world's oil supply.
The New Arab
Iran Guards say Strait of Hormuz unsafe due to attacks, shut to ship transit: local media
Iran's Revolutionary Guards said the Strait of Hormuz, a vital waterway for oil and gas shipments, is unsafe due to US and Israeli attacks and was therefore closed to ships on Saturday, local media reported.