News ID: 3994
Date: Monday 23 June 2025 - 19:42

Threat of closing the Strait of Hormuz; The world awaits Iran’s response, oil on the verge of a jump

Threat of closing the Strait of Hormuz; The world awaits Iran’s response, oil on the verge of a jump
The US attack on Iran's nuclear facilities and official participation in the Israeli operation is the largest military action by the West against Tehran since the 1979 revolution. Despite the renewed missile barrage by Iran on Israel, there has been no decisive response to the United States yet. However, the initial positive vote by the Iranian parliament to close the Strait of Hormuz has sounded the alarm bell for the global oil market.

According to Energy Press, Donald Trump announced in a televised speech that the United States has “completely and absolutely” destroyed Iran’s nuclear enrichment facilities. Satellite images from the Fordow site show the effects of a heavy attack with 30,000-pound bombs; bombs that can only be used by American B-2 bombers. The US Secretary of Defense emphasized that this operation was not intended to change the regime and was designed solely to “neutralize Iran’s nuclear threats.” However, despite the military success, Washington does not intend to continue with a larger military operation for the time being.
Tehran will consider all possible responses
On the other hand, Iran showed that it will not back down by launching another missile at Tel Aviv, injuring dozens. However, it has not yet carried out its main threat, which is a direct attack on US bases or cutting off the flow of oil from the Persian Gulf. “We are considering all possible options for response, but until we take revenge, there will be no return to the path of diplomacy,” said Iranian Foreign Minister Abbas Araghchi. “The US has shown that it has no respect for international law and only understands the language of threats and force,” he stressed.
Closing the Strait of Hormuz; Real danger or bargaining tool?
In a warning move, Iran’s parliament voted in favor of closing the Strait of Hormuz, a route through which nearly a quarter of the world’s oil passes daily. Any attempt to block this route could not only push oil prices to $120 per barrel, but also increase the possibility of direct conflict with the US Fifth Fleet. The move still requires approval from the Supreme National Security Council, but it has sent a clear signal to the global market that the oil game has reached a critical stage.

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