7 News
·general
·3 hours ago
Global economy ‘resting on Hormuz’ as Trump blockade disrupts critical oil corridor
The United States imposed a naval blockade in the Strait of Hormuz on Monday, severely limiting oil transportation from Iranian ports. Retired Lieutenant General Richard Newton noted that traffic has plummeted from up to 120 ships a day to just three or four under the blockade. The disruption threatens global oil supply and economic stability.
Summary by Glance · 7 News
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