Oil price expected to surge after Iran strikes and strait of Hormuz closure Markets around the world could tumble on Monday and motorists are likely to pay more at the pump The Guardian - UK · Mar 1
What is the strait of Hormuz and why is it crucial for oil supplies? Effective closure of the narrow waterway could spell trouble for many developed economies The Guardian - UK · Mar 1
How crucial is the strait of Hormuz to the global energy market? Although Israel and Iran's ceasefire which came into force on Tuesday removed the pending threat of the Strait of Hormuz's closure, this is not the first time that Iran has said it would block it. Euronews · Jun 25, 2025
Iranian closure of strait of Hormuz would be monumental act of self-harm, says Lammy UK foreign secretary wants Iran to return to negotiating table but refuses to endorse strikes by US and Israel The Guardian - UK · Jun 23, 2025
How might the US-Iran conflict escalate? Expert Q&A On Sunday June 22, Donald Trump announced that several of Iran’s most important nuclear facilities had been “completely obliterated” and that the country’s nuclear weapons programme had been crippled. Iran denied this and vowed to retaliate. The Iranian parliament has already given approval to closing the strait of Hormuz, a… The Conversation · Jun 23, 2025
How A Strait Of Hormuz Shock Could Ignite A Surge In Energy And Defense ETFs The Strait of Hormuz, accounting for nearly a third of the world’s oil supply, is once again under geopolitical pressure, and ETF investors are rushing to reposition. Benzinga · Jun 23, 2025
Why the Strait of Hormuz remains critical for the global economy This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, fuelling a big part of the global economy. And Iran controls its northern side. Euronews · Jun 23, 2025
Can Iran really shut down the Strait of Hormuz? Iran may close the vital maritime route, through which one-fifth of the world’s oil supply is shipped every day. Al Jazeera · Jun 23, 2025
Strait of Hormuz Explained: The Key to Global Energy Security The Strait of Hormuz carries 20% of global oil daily, but Iran's threats to close it amid 2025 tensions could push prices to £80 ($100) per barrel. Learn why this waterway is critical and what's at stake. International Business Times UK · Jun 23, 2025
US strikes on Iran could damage global growth, says IMF chief Oil prices could rise if Iran goes ahead with threat to shut down shipping in the strait of Hormuz The Guardian - UK · Jun 23, 2025
How not to build a tourism city Despite its aesthetic appeal, the Iranian resort Majara is poised to be a sore point among local residents. 360info · Jan 8, 2023