The Strait of Hormuz, a vital and narrow passageway for global oil shipments in the Persian Gulf, is again drawing attention as Iran prepares for a military exercise that could involve live fire near one of the worldβs busiest shipping routes.
Iran has warned ships that it will conduct a live fire drill Sunday and Monday in the strait, which sees a fifth of all oil traded pass through the tight corridor between Iran and Oman.
The U.S. military's Central Command issued its own warning early Saturday, telling Tehran that any "unsafe and unprofessional behavior near U.S.
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