Brief by Shorts91 Newsdesk / 11:01am on 23 Jun 2025,Monday International
The Strait of Hormuz, through which 20% of global oil flows, could be blocked by Iran in retaliation for U.S. strikes. Experts warn closure would spike oil prices, disrupt trade, and hurt economies like India, China, and Japan. Iran could use mines, fast boats, or submarines to enforce a blockade, but U.S. forces may respond swiftly, as seen during the 1980s "tanker war." While threats have been made before, a closure now could trigger global economic turmoil. China, Iran’s top oil buyer, is being urged to step in diplomatically. Alternative pipelines exist but can only offset 15% of the supply. (PC: BBC)
