Iran is closing the Strait of Hormuz 🇮🇷
Iran has announced that it is going to decide to close the Strait of Hormuz, a vital waterway in the world.
This decision came in response to the US military attack. 🥱🥱🥱🥱🥱🥱
About 20% of the world's oil is transported through the Strait of Hormuz.
If it is closed, it will cause a major blow to oil supplies, which could increase prices.
This move could further increase tensions in the Middle East and have a negative impact on the global economy. ⚠️⚠️⚠️⚠️⚠️
Where is the Strait of Hormuz?
It is a narrow waterway located between Iran and Oman, which is the main route for oil exports from the Gulf countries.
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