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Hormuz Traffic Collapses to Four Ships as Iran-U.S. Strikes Escalate
OilPrice.com·SA · IR · US·about 19 hours ago
Iran's military spokesman announced the laying of new naval mines in the Strait of Hormuz, a first since the 2019 tanker seizures, and mocked President Trump's suggestion to rename the waterway. The claim is unverified and likely escalatory rhetoric, but if confirmed, it threatens the world's most critical oil chokepoint, through which about 20% of global oil passes. This marks a sharp escalation in US-Iran tensions and could trigger a military response or disrupt energy markets.
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