Unhinged Iranian IRGC Says Any Nation Who Expels US and Israeli Ambassadors Will Be ‘Allowed’ to Navigate the Vital Shipping Route of the Strait of Hormuz

The vital waterways of Hormuz hold the key to a good share of the world’s oil transport.

Who will bow to Iran’s blackmail?

As the US-Israel military confrontation with Iran rages on, the world’s attention turns to the strategic navigation route of the Strait of Hormuz, through which runs around 20% of oil transports.

Any disruption in these waterways can have a profoundly detrimental effect on the global oil trade, leading to higher prices, therefore causing ripples in the world economy.