Faced with the prospect of continuing Israeli airstrikes and further American involvement, Iran’s parliament has reportedly approved plans to close the strait of Hormuz.
This is potentially a very dangerous moment. The strait of Hormuz is an important shipping lane through which 20% of the world’s oil transits – about 20 million barrels each day.
The waterway connects the Persian Gulf and the Gulf of Oman. Iran can either disrupt maritime traffic or attempt to “close” the strait altogether. These are distinctly different approaches with different risks and outcomes.