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How a cornered Iran could wreak havoc on global oil trade

Upworthy Monday, 23 June 2025 ()
Iran has over the years threatened multiple times to shut the Strait of Hormuz — a narrow stretch of water through which a fifth of the world’s oil supply flows each day.
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Video Credit: Oneindia - Published
News video: Iran CLOSES Global Oil Chokehold? Hormuz Closure Approved After Us-Israel Strikes | What Next?

Iran CLOSES Global Oil Chokehold? Hormuz Closure Approved After Us-Israel Strikes | What Next? 03:37

 Iran’s parliament has voted to close the Strait of Hormuz, a vital oil route carrying 20% of global crude. Though the final decision awaits the Supreme National Security Council, the move is seen as retaliation to U.S.-Israel attacks on Iranian nuclear sites. A closure would rattle global oil...

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