Iran has threatened to close the Strait of Hormuz in response to attacks by Israel. Nearly 20% of global oil and 30% of global LNG passes through the Strait of Hormuz. So far, we have a barrage of missile attacks from both countries,

Iran considers closing the Strait of Hormuz, a crucial route for global oil passage, amidst rising tensions with its adversaries. This strategic move could significantly impact global oil supplies, fueling fears and causing commercial ships to avoid Iranian waters.

Analysis of Iran's Strait of Hormuz threats, impact on oil markets, and global energy supply. Experts say oil markets remain well-supplied despite geopolitical tensions.