Strait Of Hormuz Blockade Update: Iran's warning sparks global unrest, what Tehran said
Strait of Hormuz Blockade Update: The ongoing war between Iran and the US-Israel has now escalated into a dangerous economic warfare. Iran has made it clear that it will not allow even a drop of oil to pass through the Strait of Hormuz until its security is restored. Ibrahim Zolfaqari, spokesman for the Iranian military headquarters, Khatam al-Anbiya, warned the global community that the world should now be prepared for oil prices of $200 per barrel.
Iran targeted three more merchant ships
Tensions escalated further when Iran targeted three more merchant ships in the Strait of Hormuz. The most serious attack occurred on the Thai cargo ship "Mayuri Nari," traveling from Dubai to Kandla Port in India.
Following the attack, a massive fire broke out in the ship's engine room, and a plume of smoke was seen in the sea. The Omani Navy rescued 20 sailors, but three are still missing. In addition, the Japanese ship "One Majesty" and the Marshall Islands' "Star Gwyneth" were also hit by missiles.
World will face the biggest oil shock: Experts
Experts believe that if this blockade continues, the world will face the biggest "oil shock" since the 1970s. Approximately 20% of the world's crude oil passes through this narrow channel. Iran has warned that it will make all tankers belonging to US or Israeli allies its "legitimate targets." This strategy is not limited to war but a comprehensive "economic blockade" aimed at disrupting global supply chains.
Small boats are laying naval mines
Iran is now changing its military strategy. It is using small boats that are laying "naval mines" in the middle of the sea, evading radar. According to a military spokesman, the price of oil depends on regional security, which has been destabilized by the US and Israel. However, amid this tension, there is some reassuring news: a non-Iranian oil tanker has safely arrived in Mumbai, India, via the Strait of Hormuz.