What Would Happen if the Strait of Hormuz Shut Down? ...Middle East

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What Would Happen if the Strait of Hormuz Shut Down?
source : OILPRICE ( Middle East ) () 124
There are several important energy chokepoints around the world, but none is more significant and vulnerable than the Strait of Hormuz. Now, following the U.S. bombing of Iranian nuclear facilities on Saturday, the Iranian Parliament has reportedly voted to close this important energy transit chokepoint. Such a move could severely disrupt the world’s energy markets.  While the final decision still rests with Iran’s Supreme National Security Council–and Iran has failed to follow through on previous threats to close the Strait–the…

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