Nightmare scenario: How Iran, hit by US & Israel strikes, may choke world’s oil supply via Strait of Hormuz - explained
Monday, 23 June 2025 () Iran-Israel war: Amidst rising tensions, concerns escalate over potential disruptions to global oil supply via the Strait of Hormuz. While a prolonged blockade remains unlikely, even brief closures could trigger significant price surges and economic instability. Iran's strategic position offers various retaliatory options, yet faces constraints including potential counterstrikes and disapproval from key allies like China.
In a bold and unanimous move, Iran’s Parliament has approved the decision to close the strategic Strait of Hormuz — a key chokepoint for global oil shipments — in response to escalating U.S. military aggression. The resolution now awaits approval from Iran’s National Security Council. If...
Amid the escalating U.S.–Israeli airstrikes on Iran’s nuclear and military sites, Iranian Foreign Minister Abbas Araghchi made an unannounced trip to Moscow to meet President Vladimir Putin. In a..
On June 21, the U.S. attacked Iran’s key nuclear facilities at Fordow, Natanz, and Isfahan. Iran confirmed damage but said nuclear materials were moved beforehand with no leaks detected.
The UN..
U.S. airstrikes on Iranian territory have sharply raised fears of retaliation that could target key oil infrastructure and shipping lanes. The Strait of Hormuz,... OilPrice.com
Monday, 23 June 2025 ()
![Putin Backs Iran: Slams U.S.-Israel strikes as War Crime | Russia Warns West of Serious Consequences [Video]](https://video.newsserve.net/300/v/20250623/1414576264-Putin-Backs-Iran-Slams-Israel-strikes.jpg)
![United Nations in emergency mode: U.S. missiles hit Iran’s nuclear core | Fordow, Isfahan destroyed [Video]](https://video.newsserve.net/300/v/20250623/1414560680-United-Nations-in-emergency-mode-missiles.jpg)
![Residents shelter in Tel Aviv as Israel, Iran trade strikes [Video]](https://video.newsserve.net/300/v/20250623/1414557772-Residents-shelter-in-Tel-Aviv-as-Israel-Iran.jpg)
