Cargo vessels hit as Iran threatens to close Gulf oil chokepoint
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March 11, 2026
Three commercial ships took fire in the Gulf on Wednesday as Iran launched strikes against its oil-exporting neighbours, threatening shipping in the Strait of Hormuz and plunging the global energy economy into crisis. Oil prices have surged and markets have see-sawed since the ends of last month, when the United States and Israel attacked Iran, […]
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