
The Strait of Hormuz, a narrow but crucial waterway between Iran and Oman, handles nearly one-fifth of global oil and significant liquefied natural gas shipments. Amid widespread protests in Iran and Tehran's accusations against the US and Israel, concerns have risen over potential disruptions to this vital route. While experts consider a full blockade unlikely due to US naval strength, Iran's capabilities—including naval mines, missiles, and drones—could temporarily hinder shipping, potentially causing oil price spikes and global economic instability.
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