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Iran declares Strait of Hormuz closed, threatens to fire on ships as oil and shipping markets brace for disruption

GenevaTimes by GenevaTimes
March 3, 2026
in Business
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Iran says Strait of Hormuz is closed and warns ships will be fired upon, raising risks to 20 per cent of global oil flows and shipping

The post Iran declares Strait of Hormuz closed, threatens to fire on ships as oil and shipping markets brace for disruption appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.

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