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The Strait of Hormuz has been closed and Iran will target any vessels attempting to pass through, said an adviser to the Iranian armed forces late on Monday, according to China Media Group.
Handling about 20% of the global oil supply, the strait is a key export route for Middle Eastern producers. Several countries warn a closure would significantly impact their economies. Check out the infographic for more. (Poster generated with AI assistance)
The Strait of Hormuz has been closed and Iran will target any vessels attempting to pass through, said an adviser to the Iranian armed forces late on Monday, according to China Media Group.
Handling about 20% of the global oil supply, the strait is a key export route for Middle Eastern producers. Several countries warn a closure would significantly impact their economies. Check out the infographic for more. (Poster generated with AI assistance)