Iran Raises Stakes in U.S. Showdown With Threat to Close Hormuz
National flags of Iran line a section of the Hashemi Rafsanjani highway as a construction crane stands beyond in Tehran, Iran. (Photographer: Ali Mohammadi/Bloomberg)

Iran Raises Stakes in U.S. Showdown With Threat to Close Hormuz

(Bloomberg) -- Iran will close the Strait of Hormuz, a waterway vital for global oil shipments, if the country is prevented from using it, a senior military official said on Monday in what appears ...
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