How crucial is the strait of Hormuz to the global energy market?
Although Israel and Iran's ceasefire which came into force on Tuesday removed the pending threat of the Strait of Hormuz's closure, this is not the first time that Iran has said it would block it.
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Credit: euronews (in English) Duration: 01:30Published
Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets, with threats to close the Strait of Hormuz looming large. China condemned the attacks, calling U.S. credibility âdamaged.â Investors fear disruptions to global oil flow, with Brent briefly spiking to $81.40. Analysts say the mere threat of retaliation could keep prices volatile and inflated. Iran, OPECâs third-largest producer, now holds global energy markets at the edge of uncertainty.
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U.S. President Donald Trump broke his silence on the Strait of Hormuz crisis with an explosive post on Truth Social, urging oil producers to "KEEP OIL PRICES DOWN" and warning that theyâre âplaying into the hands of the enemy.â His rant comes amid spiking oil prices as fears of a possible Hormuz shutdown by Iran grow. Trump, visibly rattled, made no direct mention of Iran but hinted that rising prices were undermining U.S. power. The message triggered backlash and ridicule, with many calling it a sign of Washingtonâs desperation.
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#HormuzShutDown #OilShock2025 #USDesperation #TrumpPanics #GlobalOilCrisis #TehranResponse
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In a chilling response to Trumpâs strikes on Iranâs nuclear facilities, Iranâs Hatam al-Anbiya Air Defense HQ has issued a grave warning to the United States. Tehran vowed consequences âbeyond imagination,â promising retribution that will make Washington âregretâ its actions. As condemnation of U.S. aggression mounts worldwide, Iranâs military has gone on high alert. This threat comes amid escalating tensions in the Gulf and fears that Iran may retaliate by closing the Strait of Hormuz or launching direct regional strikes. The countdown to Iranian retaliation has begun.
#IranWarning #TehranThreatensUS #HatamAlAnbiya #IranRetaliation #TrumpStrikesBackfire #IranNuclearSites #MiddleEastCrisis #HormuzTensions #IranUSClash #ProIranCoverage #TehranVowsRevenge #UnimaginableConsequences #IranDefendsItself #USIsraelAggression #IranianMilitaryAlert #IranVsUS #GeopoliticalTensions #StraitOfHormuzCrisis #RevengeStatement #TrumpIranEscalation
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On June 21, the U.S. attacked Iranâs key nuclear facilities at Fordow, Natanz, and Isfahan. Iran confirmed damage but said nuclear materials were moved beforehand with no leaks detected.
The UN..
Iranâs parliament has voted to close the Strait of Hormuz, a vital oil route carrying 20% of global crude. Though the final decision awaits the Supreme National Security Council, the move is seen as..
Fears of global economic consequences if Iran closes Strait of Hormuz
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