A critical gateway to the world's oil industry has been thrust back into the global spotlight.
The EIA estimated that 76% of the crude oil and condensate that moved through the chokepoint went to Asian markets in 2018. China, India, Japan, South Korea, and Singapore were thought to be the largest destinations for crude oil moving through the Strait of Hormuz to Asia over the same time period, accounting for 65% of all Hormuz crude oil and condensate flows.
Madani said that while "there may be skirmishes" in the Strait over the coming weeks, it would be "of no interest to anyone" to completely cut off the channel. Iran has said the White House made a "grave mistake" in giving the order to kill Soleimani, with the Islamic Republic's supreme leader Ali Khamenei vowing to deliver "severe revenge" to those responsible.has since warned Iran the U.S. would strike back if Tehran's military forces attacked any American person or target following the killing of Soleimani, before adding Washington could do so "perhaps in a disproportionate manner.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rockets were fired near two US bases in Iraq amid mounting between the US and IranRockets were reportedly fired near two US bases in Iraq, days after a US airstrike killed top Iranian military leader, Qassem Soleimani.
Read more »
1 US service member, 2 DOD contractors killed in terror attack on US base in KenyaOne U.S. service member and two American Department of Defense contractors were killed in a terror attack on a military base in Kenya that houses U.S. military personnel.
Read more »
US military confirms terror attack on US base in KenyaThe U.S. military has confirmed that there has been a terror attack on a military base in Kenya that houses some U.S. military personnel. The Somali terror group al-Shabab has claimed responsibility for the attack that Kenyan authorities said had been repelled with four militants killed in the fighting
Read more »
US military confirms terror attack on US base in KenyaBREAKING: US military confirms terror attack on U.S. base in Kenya.
Read more »
Body of top Iranian commander killed by U.S. strike in Iraq returned to IranThe body of Iranian military commander Qassem Soleimani, who was killed in Iraq ...
Read more »
Body of Iranian commander killed by U.S. strike in Iraq returned to IranThe body of Iranian military commander Qassem Soleimani, who was killed in Iraq ...
Read more »