Haaretz | Explained: How Could Iran Disrupt Gulf Oil Flows? Haaretz A fifth of global oil consumption passes through the Strait from Middle East crude producers to major markets. Outlined below are previous confrontations in the Gulf involving Iran, the military capabilities of the various parties and the diplomatic ... Russia Plans $50 Billion Investment In Iran's Oil, Gas Industry 'If Iran can't export oil no-one in Middle East will,' Tehran warns |