Iran had announced over the weekend that it had shut the Strait of Hormuz, a critical oil shipping route, citing continued Israeli strikes on Hezbollah in Lebanon as a violation of the ceasefire terms agreed under the MoU.
Iran announced the closure of the Strait of Hormuz, a crucial oil shipping route, over the weekend. This action was a response to ongoing Israeli strikes against Hezbollah in Lebanon, which Iran claims violate agreed ceasefire terms. The move has led to heightened tensions and a…
Market Samachar is a news aggregator. This article was originally published by NDTV Profit - Latest. Tap the button above to read the full story on their site.