Iran threatens to block Strait of Hormuz Increase Oil price to $120

President Hassan Rouhani signals Tehran could disrupt shipments, prompting a warning from US military. We are speaking about the Strait of Hormuz! 19% of the World’s oil transports from this place and it’s important for Oil Price and the future of Oil Industry. Experts predict that if the Strait of Hormuz is blocked, oil prices will rise to $120.

Read more: Iran threatens to block Strait of Hormuz

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