The unprecedented decision by US President Donald Trump to bomb three Iranian nuclear facilities has intensified fears of wider conflict in the Middle East. Participating with Israel in the largest Western military operation against the Islamic Republic since the 1979 revolution, the global community is now anxiously awaiting Iran’s response. As the Guardian reports, one possible way to react from Iran’s side is the closure of the Ormuz Straits, a critical trading channel, through which it passes more than one fifth of the world’s oil supply, that is, about 20 million barrels and large barrels. Iran has in the past threatened with the closure of the straits, which would affect world trade and oil prices, but to date it has not implemented this threat. What are the Straits of the Ormuz? Being one of the most important points of strategic importance to oil worldwide, its straits […]
Source: News Beast
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
