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Home > World Business Report > Will Iran close the Strait of Hormuz?
Podcast: World Business Report
Episode:

Will Iran close the Strait of Hormuz?
Category: Business
Duration: 00:02:11
Publish Date: 2025-06-23 15:13:00
Description:

A narrow area of sea at the mouth of the Gulf has become the focus of global concern after the United States bombing of Iran.

While Iran's parliament has voted to close the Strait of Hormuz, there is no sign of disruption of the sea passage that carries a fifth of the world's oil. So is Iran likely to take action there, and what would the effect be?

Roger Hearing discusses whether Germany and Italy will repatriate their national gold reserves of $245billion from the New York Federal Reserve over fears about President Donald Trump’s erratic policymaking amid wider geopolitical unrest.

And we hear how the pursuit of shopping convenience is leading to exhausted workers and struggling family-run businesses in India.

The latest business and finance news from around the world, on the BBC.
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