Tag: hormuz
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US intelligence: Iran prepped mines for Strait of Hormuz
Israel National News reports: “Iran’s military loaded naval mines onto vessels in the Persian Gulf last month, intensifying concerns in Washington that Tehran was preparing to blockade the Strait of Hormuz, Reuters reported on Tuesday. […] The post US intelligence: Iran prepped mines for Strait of Hormuz appeared first on JVIM.
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Oil Prices Could Soar After Iran Moves To Close Strait Of Hormuz
Oil Prices Could Soar After Iran Moves To Close Strait Of Hormuz Iran’s parliament has voted to close the Strait of Hormuz, a narrow shipping channel that serves as a vital route for approximately 20% of the world’s daily oil supply. The measure awa…