IntroductionThe increase in geopolitical tensions in the Middle East recently resulted in Iran threatening to close the ...

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Iranian lawmaker Esmail Kosari revealed that the possibility of closing the critical Strait of Hormuz is still under review, ...

Europe's dwindling oil and gas reserves limit its ability to buffer global shocks, reinforcing the need for alternatives.

Hardline Iranian lawmaker Esmail Kosari said any closure of the Strait of Hormuz was still under review but no decision has yet been made, in comments carried by Iran's state media on Monday.