The U.K. Maritime Trade Operations agency said it received multiple reports from vessels in the Gulf that they had been notified of the Strait of Hormuz's closure. There was no immediate confirmation from Iran
Iran’s threat to block the strait has already sent shock waves through trade and transport sectors, with broader consequences expected if the regime follows through
Iran’s threat to block the strait has already sent shock waves through trade and transport sectors, with broader consequences expected if the regime follows through
In a major threat to the world economy, Iran's legislative body voted to close the Strait of Hormuz. However, this would require approval from Iran's Supreme National Security Council