In a dramatic escalation of tensions, Iran has declared the closure of the strategic Strait of Hormuz, a critical chokepoint through which nearly 20% of the world’s oil supply is transported. This move comes in retaliation for the recent U.S. strikes on its nuclear facilities, including Fordow.
The Iranian Revolutionary Guard Corps (IRGC) has begun deploying naval units to enforce the blockade, heightening fears of a broader regional conflict. “The hostile actions of the United States leave us with no choice but to safeguard our sovereignty and security,” an IRGC spokesperson stated.
Global Reactions
The closure of the Strait has drawn sharp criticism and alarm from key global stakeholders:
- China has condemned the U.S. strikes, asserting that the attack "seriously violates the principles of the UN Charter" and destabilizes global peace.
- Russia, through statements from former President Dmitry Medvedev, warned of a potential escalation, revealing that "multiple countries are now prepared to directly supply Iran with nuclear warheads" to counterbalance U.S. aggression.
Economic and Geopolitical Fallout
Oil prices surged sharply in early trading, with Brent crude crossing $120 per barrel amid fears of a protracted standoff. Global markets are bracing for disruptions as supply chains reliant on Middle Eastern oil face unprecedented uncertainty.
The U.S. Department of Defense has yet to comment on Iran's decision, though analysts anticipate a potential military response to secure the vital waterway. Meanwhile, diplomatic channels are expected to intensify as nations scramble to prevent further escalation.
This developing crisis marks a critical juncture in U.S.-Iran relations and poses a significant challenge to global stability.
