🇮🇷Iran’s Parliament officially approves closing the #StraitOfHormuz.

This isn’t just a regional move. It’s a geopolitical earthquake.

The Strait of Hormuz is the jugular vein of global oil flow, nearly 20% of the world’s oil passes through it. Blocking it is like cutting off oxygen to the global economy.

So, what does this mean?

For Iran’s enemies in the war:
This is a direct message to the #US, Israeli entity, and their allies... escalate further, and your fuel tanks run dry. Naval fleets may sail, but they won’t refill.

For global trade:
Expect #oil prices to surge. Shipping lanes rerouted. Insurance premiums to spike. Markets rattled. The world’s biggest choke point just got… choked.

This is economic warfare with precision.
And it's only just begun.

@Marwa_OsmanLB
#Iran

🇮🇷 JPMorgan Warns: Oil Prices Could Surge 70% if Iran Shuts Down Hormuz Strait

According to a forecast cited by Bloomberg, #oil prices could skyrocket by as much as 70% if Iran decides to block the #StraitOfHormuz — a move that would send shockwaves through global energy markets.

While a full blockade remains unlikely, even limited Iranian actions — such as targeting tankers, jamming GPS systems, or deploying naval mines — could severely disrupt the regional oil trade.

txt - - @DDGeopolitics
#Iran