Strait of Hormuz and Oil Price Rise


The Strait of Hormuz is in the news again. The Iranian parliament is considering a bill that threatens to close this Strait to oil tankers from countries that support sanctions imposed on Iran. More than half of the members of parliament are said to have signed the bill.

Before that, what is Strait of Hormuz? The Strait of Hormuz is a […]

Source: OIl Price News  

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