Iran has issued a chilling warning to the world, stating it will stop all oil shipments through the Strait of Hormuz that benefit the United States and Israel.
Following recent military tensions, Iranian officials predict that global crude oil prices could explode to $200 per barrel if the conflict continues to grow.
Iran’s military spokesperson, Ebrahim Zolfaqari, declared that "not a single litre" of oil will pass through the world's most important shipping lane for the U.S. and its allies.
With the war deepening, experts warn that oil—already swinging between $87 and $100—could double in price, making fuel and goods much more expensive worldwide.
U.S. President Donald Trump has countered with a warning of "fire and fury," promising severe retaliation if Iran tries to block the sea route.
Major companies have already stopped sending ships through the Suez Canal and the Strait of Hormuz, fearing their vessels will be targeted.
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