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"This is going to create a ripple effect." Maersk CEO Vincent Clerc told Richardquest the closure of the Strait of Hormuz would cause widespread implications. Full interview on Quest Means Business at 5pm ET on CNNi.

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With Maersk pausing operations through the Suez Canal amid a slew of drone attacks on container vessels in the region, CEO Vincent Clerc says re-routing traffic around the southern tip of Africa will cause shipping delays of two to four weeks.

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The Iranian Parliament voted in favour of blocking the Strait of Hormuz on June 22, 2025. The closure of the strait would have a major impact on the world economy. Read more:

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Audio recording from the IRGC’s message to tankers on the closure of the Strait of Hormuz.

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‘Open the strait. Let ships pass.’ UN Secretary-General Antonio Guterres has called on the US and Iran to lift restrictions on the Strait of Hormuz. He told the UN Security Council the closure of the strait had created a growing humanitarian toll.

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BREAKING: STRAIT OF HORMUZ CLOSURE IMMINENT Iranian state television has announced that a full closure of the Strait of Hormuz is imminent: “Global financial markets disrupted Energy infrastructures damaged Oil prices surging to $400/barrel” “The Strait of Hormuz is the world’s most critical oil chokepoint over 20% of global oil supply flows through it.” Source: Iranian Tv

BREAKING: STRAIT OF HORMUZ CLOSURE IMMINENT Iranian state television has announced that a full closure of the Strait of Hormuz is imminent: “Global financial markets disrupted Energy infrastructures damaged Oil prices surging to $400/barrel” “The Strait of Hormuz is the world’s most critical oil chokepoint over 20% of global oil supply flows through it.” Source: Iranian Tv

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🚨NEW EPISODE OF GOING UNDERGROUND⚡️ Iran: FAMINE & Financial Crisis UNAVOIDABLE From Strait of Hormuz Closure (Prof. Steve Keen) What is the risk of Israel resorting to the Samson Option? Why are the financial markets ignorant about the economic damage caused by the closure of the Strait of Hormuz? What were the real reasons for this economically disastrous Trump-Netanyahu war on Iran? We discuss all this and more with Prof. Steve Keen on this episode of Going Underground

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On Iran, the key question now is not when this might end—but how the world might adapt to a prolonged closure of the Strait of Hormuz. Today on CNN with Boris Sanchez.

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French President Emmanuel Macron announces that France is planning a 'purely defensive' mission to gradually reopen the Strait of Hormuz. Iran had officially declared the closure of the Strait of Hormuz on March 2, 2026, following the start of combined US-Israeli strikes on Iran on February 28, 2026.

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If the disruption lasts long enough, the consequences could be serious and widespread. According to former White House energy adviser Bob McNally, a prolonged closure of the Strait of Hormuz would almost certainly trigger a global recession.

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“Ships are now afraid to cross the Strait of Hormuz, and that has profound implications for the global economy.” Professor John Gong, from Beijing University of International Business and Economics, on the repercussions of continued tensions in Hormuz on global energy markets.

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“The Iranian tactic is to try to convince the United States that war is going to be costly,” @Vali_Nasr weighs in on the closure of the Strait of Hormuz and the U.S. military buildup — all happening against the backdrop of diplomatic talks.

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