According to the latest reports from Israeli media, Iran has closed the Strait of Hormuz.
The global oil market may face severe turbulence. This move could lead to a significant rise in energy prices.
About one-fifth of the world's oil and natural gas pass through the Strait of Hormuz.
The strait is strategically important as it is a key passage for transporting goods in the Middle East.
It was reported that oil tanker transportation has stopped.
Comment: If the Strait of Hormuz stops, the global energy lifeline will be cut off, which is Iran's ultimate countermeasure. The oil and gas route accounting for nearly one-fifth is completely frozen, oil tankers have stopped operating, and oil prices are about to surge, turning regional conflicts into global economic turmoil.
Original article: toutiao.com/article/1858380487719947/
Statement: This article represents the personal views of the author.