Iran Announces Strait of Hormuz Closure, Triggers Buying Spree in PGN (PGAS) Shares

Iran Announces Strait of Hormuz Closure, Triggers Buying Spree in PGN (PGAS) Shares

Iran’s threat to shut the Strait of Hormuz has triggered volatility in global oil prices and driven movements in oil and gas-related stocks, including PGAS.

user-profile

Selasa, 24 Juni 2025 | 15:00

Bisnis.com, JAKARTA — Amid rising tensions over Iran’s call to close the Strait of Hormuz, major investors have been accumulating shares of PGN (PGAS).

The move follows reports that the Iranian government is weighing the closure of the key shipping lane after the United States launched strikes on three nuclear facilities in Fordow, Natanz, and Esfahan on Saturday (21/6/2025). The closure of the Strait of Hormuz was formally discussed and approved by the Iranian Parliament on Sunday.

Bacaanmu terbatas?

Tenang, kamu hanya perlu Masuk atau Daftar dulu di sini untuk lanjut membaca Bisnis Indonesia Premium.

Nikmati Gratis Akses baca 5 artikel Bisnis Indonesia Premium bagi member baru!

atau langsung pilih paket terbaik kami:

banner-promo

faq

berita lainnya

To Top