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Iran closes Strait of Hormuz as oil crisis deepens

Iran closes Strait of Hormuz as oil crisis deepens

Sunrise
3 min
Thursday
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About the episode

Iran's new supreme leader, Ayatollah Mojtaba Khamenei, has declared the Strait of Hormuz will remain closed, marking his first public statement since taking power four days ago. Six vessels have been attacked in the Gulf, including tankers carrying Iraqi oil struck by explosive-laden Iranian boats, while oil facilities in Bahrain and Oman have also been hit. Australia's government has lowered fuel standards for 60 days to allow 100 million litres of higher-sulphur fuel into the market as fishing trawlers report diesel shortages ahead of Easter.See omnystudio.com/listener for privacy information.