Strait of Hormuz: What happens if Iran shuts global oil corridor?
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Date
2026-03-04
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Daily Monitor
Abstract
Iran says it will "set fire" to any ships trying to pass through the strait of Hormuz, the world's busiest oil shipping channel. Usually, about 20 percent of global oil and gas passes through through the narrow shipping lane in the Gulf.
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Newspaper Article
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Citation
BBC. (2026). Strait of Hormuz: What happens if Iran shuts global oil corridor? Daily Monitor.