Iranian Forces Close Strait of Hormuz, Threaten Global Oil Shipping
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Iranian Forces Close Strait of Hormuz, Threaten Global Oil Shipping

What's Happening? Iran has announced the closure of the Strait of Hormuz, a critical maritime chokepoint through which approximately 20% of the world's crude oil passes. The Islamic Revolutionary Guard Corps (IRGC) has declared that any ship attempting to pass through the strait will be set on fire.
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