strait of Hormuz
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Who Will Get Hurt If Iran closes Strait of Hormuz?
Blocking the Strait of Hormuz, a vital maritime chokepoint connecting the Persian Gulf to the Gulf of Oman, would unleash severe economic and geopolitical consequences for the world and China, given its centrality to global energy and trade. A closure would disrupt approximately 20% of global oil consumption, around 20 million barrels per day, and…
