🌍 BREAKING: Iran Threatens to Close the Strait of Hormuz
🔹 What just happened?
In response to recent U.S. strikes on its nuclear facilities at Fordow, Natanz, and Isfahan, Iran’s parliament voted on June 22, 2025, to block the Strait of Hormuz—a decisive move pending final approval from the Supreme National Security Council .
📍 Where is the Strait of Hormuz?
– A narrow artery between Iran (north) and Oman (south), connecting the Persian Gulf to the Gulf of Oman and the Arabian Sea
– At its tightest, it's just 33 km wide, with shipping lanes only 3 km wide
– One of the world’s most vital chokepoints
🚢 Why is it so strategic?
– Transports around 20 million barrels of oil daily, roughly 20% of global oil and 25% of LNG trade
– Any disruptions would ripple through global supply chains and oil markets
⚠️ What could happen next?
Risk Possible Impacts
Oil price spike Crude could surge to $90–110/barrel; petrol prices could jump globally—perhaps +70¢/L in Australia
Inflation & market volatility Pressure on central banks; global economies could slow
Heightened military tension U.S. military has warned it would counter threats in Hormuz; naval postures intensify
Global shipping shifts Tankers may reroute via pipelines (like Saudi Arabia’s East–West), through Bab-al-Mandeb or around Africa
🤔 What’s the verdict?
Iran’s move appears more political leverage than an immediate blockade. Shipping continues—for now .
🗣️ We want your take—get involved:
1. How should global leaders respond? (Diplomacy, deterrence, sanctions?)
2. Will oil prices keep climbing?
3. Should navies guarantee safe passage through critical energy routes like Hormuz—and at what cost?
👇 Drop your thoughts in the comments—let’s unpack the fallout together.