❗️🛢 Unconfirmed reports suggest Iran's IRGC announced plans to block the Strait of Hormuz within hours. Iran's Foreign Minister Araqchi left open the possibility, stating "all options are on the table." U.S. military focus shifts to the Strait, reports NYT. Closure or stricter checks could spike oil prices to $150, harming U.S. markets, warns Iranian newspaper Kayhan. The Strait handles up to 30% of global LNG and 20% of oil exports.
