Iran Says It Will Block Strait of Hormuz, Stop Oil Shipments

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2025-06-22 18:30:59 -

https://www.newsmax.com/world/globaltalk/shipping-red-sea-gulf-of-aden/2025/06/22/id/1215969/

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Iran is reportedly saying it will block the Strait of Hormuz and stop oil shipments for what amounts to around 20% of the world's daily oil flow and up to $1 billion, which will send oil prices soaring globally.

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