Iran considers closing the "world's most important oil transportation route"
—-Saturday, 14/06/2025 - 21:48—
Iranian media reports that the country is contemplating closing the Strait of Hormuz amid ongoing military tensions with Israel. According to experts, this move would cause oil prices to skyrocket and could risk escalating the conflict.
P/s If the strait is closed, it will negatively impact the crypto market and the global stock market as well.
