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The Iranian Parliament’s National Security Commission has approved a measure to close the strait of Hormuz according to a report by Press TV. The report quoted quoted Major General Kowsari who said: “The Parliament has […]

The post Iranian Parliament Approves Strait Of Hormuz Closure appeared first on The People’s Voice.

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Strait of Hormuz ordered to be shut down by Iranian Parliament, which will cause a major spike in oil worldwide.

Iran was the third-largest urea exporter last year

30% of global seaborne oil and 20% of LNG pass through critical maritime chokepoint