Iran threatens to halt Mideast energy exports after US reimposes a blockade and intensifies strikes
The IRGC warned oil and gas exports could be cut off for everyone as U.S. strikes and a naval blockade deepen the conflict, Reuters reported.
- On Wednesday, the United States reimposed a naval blockade on Iran and intensified its airstrike campaign in retaliation for Tehran's attacks on ships transiting the Strait of Hormuz.
- Renewed fighting follows the collapse of a 60-day interim deal signed last month that was intended to pause conflict and negotiate Iran's nuclear program, prompting both nations to resume back-and-forth attacks.
- American strikes hit an Iranian army barracks, resulting in seven deaths and wounding more than 260 people, while President Donald Trump warned, 'You better make a deal, or you're not going to have anything left.'
- Iran's paramilitary Revolutionary Guard threatened to halt Middle East energy exports over the blockade, while Brent crude oil traded above $85 a barrel, more than 15% higher than pre-war prices.
- Trump indicated additional strikes targeting bridges and power plants could occur by next week unless negotiations resume, as Tehran attempts to outlast the blockade before November midterm elections.
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117 Articles
Tehran evaluates activating its Houthi allies in Yemen to block Bab el-Mandeb, a maneuver that could paralyze another artery of global trade and trigger oil prices up to $200
The United States has reinstated the naval blockade on Iranian ports and intensified its campaign of bombings against the Islamic Republic, in a new escalation of attacks threatening to return the Middle East to an open war and placing the Strait of Ormuz back at the center of the confrontation. U.S. forces attacked dozens of targets on Iranian territory early this Wednesday 15 July and continued the bombings in broad daylight, an unusual circum…
U.S. reimposes blockade and steps up strikes as Iran threatens to halt all energy exports from the region
Iranian officials said Wednesday that the American strikes hit an Iranian army barracks, killed at least seven troops and wounded more than 260 people across the country.
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