The vital waterways of Hormuz hold the key to a good share of the world’s oil transport. Who will bow to Iran’s blackmail? As the US-Israel military confrontation with Iran rages on, the world’s attention turns to the strategic navigation route of the Strait of Hormuz, through which runs around 20% of oil transports. Any disruption in these waterways can have a profoundly detrimental effect on the global oil trade, leading to higher prices, therefore causing ripples in the world economy. It is therefore obvious why the Iranian Islamic Revolutionary Guard Corps (IRGC) has been threatening any cargo ships that attempt the crossing of Hormuz. But today, the IRGC floated an unhinged statement saying that any Arab or European nation expelling US and Israeli ambassadors…
Click here to read the full article at The Gateway Pundit.
