Here's why this narrow waterway near Iran is the world's most important oil chokepoint

Canada News News

Here's why this narrow waterway near Iran is the world's most important oil chokepoint
Canada Latest News,Canada Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

The Gulf region has been shaken by a period of heightened instability in recent months, threatening the flow of oil through the Strait.

Six oil tankers and a U.S. spy drone have been attacked since May in, or near, the waterway amid intensifying tensions between the U.S. and Iran.called off air strikes at the last minute

in retaliation for Iran shooting down a U.S. drone over the Gulf, which followed attacks on two oil product tankers in the nearby Gulf of Oman by unidentified assailants. Washington has also blamed Iran for the attacks on four oil tankers in the same area on May 12. Tehran has denied the allegations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. plans coalition to counter alleged Iran sabotage as Gulf tensions riseU.S. plans coalition to counter alleged Iran sabotage as Gulf tensions rise'I think probably over the next couple of weeks we'll identify which nations have the political will,' the top U.S. general said.
Read more »

Timeline: Tension between Iran and the West over nuclear plans, Gulf shippingTimeline: Tension between Iran and the West over nuclear plans, Gulf shippingTensions between Iran and the West have escalated since U.S. sanctions on Irania...
Read more »

U.S. oil hits highest in over a month amid Gulf of Mexico storm, Iran tensionsU.S. oil hits highest in over a month amid Gulf of Mexico storm, Iran tensionsU.S. oil futures hit their highest in over a month on Thursday as a potential hu...
Read more »

EU calls on Iran to reverse uranium enrichment and uphold nuclear dealEU calls on Iran to reverse uranium enrichment and uphold nuclear dealThe European Union on Tuesday urged Iran to reverse its scaled up uranium enrich...
Read more »

Germany, France, UK, EU urge Iran to revert to upholding nuclear dealGermany, France, UK, EU urge Iran to revert to upholding nuclear dealThe foreign ministers of Germany, France, Britain and the European Union said on...
Read more »

Crushed by U.S. Sanctions, Iran Pins Economic Hopes on Mall DeveloperCrushed by U.S. Sanctions, Iran Pins Economic Hopes on Mall DeveloperFaced with a U.S. campaign to choke Iran of capital and investment, Saeed Mohammed of the country’s Islamic Revolutionary Guard Corps is trying to find ways to keep the lifeblood of his country’s economy flowing.
Read more »



Render Time: 2025-03-27 19:16:50