Iran issues fresh oil threat as Hormuz tensions rise

Iran threatened to disrupt oil trade in the region, stating that if it cannot sell oil, no other country will either. Parliament Speaker Mohammad Bagher Ghalibaf emphasized that the security of regional energy infrastructure relies on the absence of US forces. This warning comes amid ongoing US military strikes on Iran, aimed at curbing threats to maritime safety in the Strait of Hormuz, which has led to rising crude oil prices.

Read the source (Economic Times)

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