Iran’s IRGC warns U.S. interference in the Strait of Hormuz may trigger broader disruptions to global oil and gas supplies.
Iran’s Islamic Revolutionary Guard Corps (IRGC) stated Monday that continued U.S. military actions in the Strait of Hormuz could escalate into larger disruptions for global oil and gas markets. The warning follows weekend clashes, including U.S. strikes on Iranian targets in response to attacks on commercial vessels in the critical chokepoint.
Tensions have risen sharply after last week’s initial exchanges, with both sides engaging in retaliatory strikes. The Strait of Hormuz handles roughly 20% of the world’s oil trade, making it a key geopolitical flashpoint for energy markets.
No immediate market reaction was reported, but analysts note the potential for volatility if hostilities persist or expand.