U.S. Attack on Iran Threatens New Shopping Basket Rises for Fertilizers · Global Voices
28 Articles
28 Articles
The conflict between Israel and Iran, which after a fleeting ceasefire escalates again the hostilities of intense form between the two sides, has put the oil in the eye of the hurricane and opened the door to the closure of the strategic Strait of Ormuz, through which 20% of the world crude passes. But beyond the Islamist regime decides to play its most powerful card, this confrontation may end up affecting the basket of purchase of the Spaniard…
Japan and South Korea Fall Into ‘Panic’ by Closing the Strait of Ormuz: They Fear Running Out of Oil
Japan and South Korea, two countries dependent on the Strait of Ormuz for most of their oil supply, began to take action this Monday in the face of possible disruptions in this transport route following the conflict in the Middle East.Japan imports more than 90 percent of its oil from the Middle East, according to government data, and about 80 percent of oil tankers transporting crude to Japan pass through the Strait of Ormuz, whose closure has …
The entry of the United States into the war between Iran and Israel, with an unprecedented attack, has placed in the center of the board the Strait of Ormuz . This maritime passage, until recently unknown to much of the public is in the mouth of all the experts. The possibility that Iran, in retaliation, decides to close this strategic corridor — which it partially controls — has lit all the alarms. It is a strong warning, which forces to act wi…
The military escalation between the Islamic Republic and its neighbours raised concerns about the worst in oil markets, including one fifth of world production through the Strait of Ormuz.
The armed conflict between Israel and Iran is coupled with an intense communication war. Donald Trump kept up the blur before the United States, Israel's allies, hit Tehran's nuclear sites. It is now the Islamic Republic that threatens to close the Strait of Ormuz, a sea crossing forced for gas and oil from the Gulf countries. A double-edged pressure for Tehran.
About 20% of the world's oil transit through this passage. Among the possible responses to Israeli and American strikes, Teheran could consider mining it.
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