Iran Threatens to Close Strait of Hormuz as Oil Prices Surge

Senior Iranian officials warned that continued strikes could lead to the closure of the Strait of Hormuz, a critical chokepoint for global oil trade. Brent crude jumped more than 8% in a single day amid growing concerns over supply disruptions. The threat has heightened tensions across the Gulf, with shipping companies already rerouting vessels. U.S. naval forces in the region remain on high alert.

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