The Strait of Hormuz, the world’s most sensitive oil-transportation choke point, remains in focus, after U.S. and Iranian officials on Thursday said Iran shot down a U.S. military drone near the waterway.

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Topics:  strait   hormuz   iranian   u.s    iran   oil   focus   drone   choke point   
BING NEWS:
  • Dryad Says Reports Indicate Iran Intends to Disrupt Strait of Hormuz
    Iran is likely to intensify its operations in more easily controlled territory, such as the Strait of Hormuz,' Dryad said.
    04/23/2024 - 11:32 pm | View Link
  • Analysts Warn Hormuz Closure Would Cause Major Oil and Gas Price Spike
    Analysts have warned that an escalation in tensions between Israel and Iran could lead to the closure of the Strait of Hormuz and a surge in oil and natural gas prices.
    04/21/2024 - 9:31 pm | View Link
  • Iran-Israel conflict: Oil, LNG prices to shoot up if Tehran blocks Strait of Hormuz
    The Strait of Hormuz is a narrow sea passage between Oman and Iran. It is about 40 km wide at the narrowest point ... and Iran (1.3 million bpd). Oil flow via the Strait was 21 million barrels per day ...
    04/21/2024 - 7:17 am | View Link
  • Why Strait of Hormuz Is a Focus of Worry as Iran-Israel Conflict Flares
    The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, is rarely far from the center of global tensions. A major shipping route that handles almost 30% of the world’s oil trade, ...
    04/16/2024 - 11:14 pm | View Link
  • 5 biggest concerns around Iran-Israel tensions that could impact Indian stock market
    Iran is the third-largest producer of crude oil within OPEC (Organization of the Petroleum Exporting Countries). If the tensions between Iran and Israel escalate further, the supply of crude oil ...
    04/15/2024 - 6:09 am | View Link
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