Iran closes Strait of Hormuz again over US blockade of its ports

The Strait of Hormuz is closed again. 🔥

According to reports, Iranian gunboats have opened fire on a tanker. Tehran says it’s shutting the vital waterway until the U.S. lifts its blockade of Iranian ports.

This is a major escalation. Millions of barrels of oil pass through here every day.

Global shipping is now on high alert. What happens if this standoff lasts?

#GeopoliticalRisk #OilPrices

📸 (Image: AI Illustration)

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