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The Strait of Hormuz – the narrow waterway through which between 20% and 25% of the world’s seaborne oil normally passes – has been effectively closed for just over two months. As tensions have escalated, Iran has restricted passage through the Strait, while the US has imposed a naval blockade on Iranian…
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[analyse_source url=”https://article.wn.com/view/2026/05/05/Shutting_Iran_s_oil_wells_may_be_straightforward_but_the_con/”]