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BREAKING: 🇮🇱🇮🇷 ISRAEL HITS SOUTH PARS GAS FIELD IN IRAN, ONE OF THE WORLDS LARGEST GAS FIELD.
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BREAKING: 🇰🇷 SOUTH KOREA TO HOST BITCOIN AND CRYPTO PUBLIC HEARING ON TUESDAY
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BREAKING: IRAN IS SERIOUSLY CONSIDERING CLOSING STRAIT OF HORMUZ - Reuters cites Iranian MP
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💥BREAKING: 🇺🇸 SEC APPROVED TRUMP MEDIA'S DEAL TO BUY $2.5 BILLION WORTH OF BITCOIN.
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🚨🇮🇷 UNCONFIRMED REPORTS OF IRAN CLOSING HORMUZ STRAIT: WHY EXPERTS SAY IT'S IMPOSSIBLE Unconfirmed reports claim Iran has closed the Strait of Hormuz following Israeli strikes, but experts say it's both unlikely and physically impossible for Tehran to block the waterway where 20 million barrels of oil flow daily. Anas Alhajji, Energy Outlook Advisors: "Let's be real about the Strait of Hormuz. First of all, most of it is in Oman, not in Iran. Number two, it's wide enough that the Iranians cannot close it." Ellen Wald, Transversal Consulting: "China does not want the flow of oil out of the Persian Gulf to be disrupted... they're going to bring the full weight of their economic power to bear on Iran." Why closure is impossible: The strait spans 35-60 miles wide, mostly through Omani waters. Ships can bypass Iranian territory via UAE and Oman routes. The U.S. Fifth Fleet patrols from nearby Bahrain. China buys 75% of Iranian oil. Any closure would anger Beijing more than hurt the West. Iran needs the strait open for its own imports. Source: CNBC, Al Jazeera
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