Iran's closure of Hormuz an act of economic terrorism, Dr Sultan Al Jaber says | The National
Just read this - Iran's threat to mine the Strait of Hormuz is being called 'economic terrorism' by UAE officials. This vital waterway carries 20% of the world's oil! Tanker traffic has already dropped 92%. This blockade has caused oil prices to surge 50% in just 3 weeks, raising costs for everyone globally. It's a stark reminder of how interconnected our economies are.
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