The Ormuz Strait closed by Iran. planet oil marketplace in shock

It's a decision that can shake the world. The Iranian Revolutionary defender announced the closure of the Ormuz Strait for global shipping. The decision is to apply until appeal. Tehran translates it “with US and Israel attacks” into its territory. The stakes are huge. Information came in on Saturday. According to the Iranian media, the decision has already entered into force. Officially, that's the answer to the last military strike. In practice, it's a signal sent to the full world. The blockade at the key point of the planet The Strait of Ormuz is the bottleneck of the global economy. About 20% of global oil supplies flow through it. all day hundreds of tankers cross this way between the Persian Gulf and the Indian Ocean. If this decision is stopped,