The closure of the strategic Strait of Hormuz is being seriously reviewed by Iran, IRINN reported, citing statements by Esmail Kosari, a member of the parliament’s security commission. The Strait of Hormuz, which lies between Oman and Iran, is the world’s most important gateway for oil shipping.
Ed note: The scenario could be that Iran would take an old oil tanker, fill it with sand, and sink it at the narrowest part of the Strait of Hormuz. It that point, it is very shallow, and ships could not go around. This would affect all shipping, and the price of oil world wide.) (Source)
