If Iran closes the Strait of Hormuz, the impact will be quite significant, mainly negative effects:
Economic self-damage: 90% of Iran's oil exports rely on this strait; if it is closed, more than half of the income will be cut off, and imported food and goods will also be affected, potentially leading to inflation.
International Isolation: Many countries around the world rely on this strait to transport oil. A blockade would invite more sanctions, further isolating Iran.
Military risk: The United States may intervene militarily and even strike key targets in Iran, with a high risk of escalatio
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