Iran’s parliament has voted to close the Strait of Hormuz in response to recent U.S. airstrikes on its nuclear facilities. This crucial waterway, connecting the Persian Gulf to the open ocean, handles about 20% of the world’s oil supply daily, making its closure a potential disruptor to global oil trade.
Key Developments
- The U.S. conducted airstrikes on three major Iranian nuclear sites over the weekend.
- Iran’s military has issued strong warnings, referring to U.S. President Donald Trump as a “gambler” and promising retaliation.
- Israel has also attacked Iranian military bases, adding tension to the ongoing Israel-Iran conflict.
Global Impact and Reactions
The international community, including the European Union, has voiced concerns that closing the Strait could severely affect global economic stability. Oil prices have surged to a five-month high as a result of the crisis.
Regional Effects
- Countries heavily dependent on Gulf oil, especially in Asia, face significant energy supply risks.
- Japan has already advised its ships to minimize their presence in the Gulf region for safety.
The situation remains highly volatile, with the world closely watching Iran’s next moves and preparing for possible wider repercussions.
Stay tuned to Questiqa World News for ongoing updates.
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