Iran warns of retaliatory strikes on civilian infrastructure and asserts control over the Strait of Hormuz, escalating regional risks.
Iran’s Revolutionary Guard (IRGC) has broadened its threats beyond military targets, warning of retaliation against U.S. regional allies by cutting electricity supplies if its power plants or bridges are attacked. The escalation extends to civilian infrastructure, heightening concerns over energy security and regional stability.
The IRGC Navy also claimed full control over the Strait of Hormuz, a critical global energy chokepoint, and warned commercial vessels against using alternative routes. Unconfirmed reports of explosions in Kuwait add to the uncertainty, though no direct link to the conflict has been established.
Markets remain on edge as rhetoric intensifies, with no clear de-escalation path in sight. The Strait of Hormuz handles roughly 20% of global oil supplies, amplifying the potential economic fallout from any disruption.