Nigeria’s currency, the naira, slumped against the United States dollar at the official window on …
Read More »Midget Submarines and Kamikaze Drone Ships – How Iran Can Block the Strait of Hormuz | World News
Fears of submarine-laid mines, kamikaze drone boats and GPS interference have effectively closed the Strait of Hormuz. Iran has long threatened to close the narrow waterway through which 20% of the world’s oil supply passes, knowing that such a move would cause market chaos and send prices soaring. This is what is actually happening right now. At least 16 ships …
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