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2025-06-23 12:05:17| BBC News | Business | World Edition

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

Iran's Press TV had earlier reported that parliament had approved a plan to close the Strait.

The country's economy has been surprisingly resilient but there are underlying problems.

The country's economy has been surprisingly resilient but there are underlying problems.

The world's second largest economy is both the biggest producer and buyer of EVs.

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