Iran's closure of the Strait of Hormuz disrupts global energy markets, stranding over 300 vessels and causing oil prices to soar.
Iran's Shocking Move: Strait of Hormuz Closed
A step that will deeply shake global energy markets and international trade has come from Iran. The Strait of Hormuz, one of the world's most critical energy transit points, has been officially closed by the Iranian Revolutionary Guard Corps. In a stern announcement, it was declared that every ship attempting to pass through the strait will be fired upon without exception.
"Not a Single Drop of Oil Will Leave the Region"
Following the decision, Iranian Revolutionary Guard Brigadier General Ibrahim Jabbari shared a very harsh threat message directed at global markets. Jabbari, who directly warned commercial ships and energy lines, stated the following:
"Do not come to this region. The price of oil has reached 82 dollars, and the world is absolutely expecting it to reach at least 200 dollars. We will also attack oil pipelines and will not allow a single drop of oil to leave the region."
Over 300 Ships Stranded
The complete closure of the strait to maritime traffic has caused major logistical chaos in the region. According to the latest information, more than 300 commercial ships and oil tankers waiting to transit have been forced to anchor near the Strait of Hormuz. If the crisis prolongs, significant disruptions in the global supply chain are expected.
Market Shock: Brent Oil on the Rise
The closure of one of the world's most important oil shipment routes has instantly created a shock effect in energy markets:
Before the closure news, Brent oil was around 77 dollars, but quickly tested the 80 dollar range.
Starting the day at 75.63 dollars, Brent oil saw a serious increase of 8.33% upon the news, beginning to trade at 79.18 dollars.
Experts emphasize that if the crisis deepens, the three-digit prices indicated by Iran could trigger global inflation.
Why is the Strait of Hormuz Vital for the World?
The Strait of Hormuz, which connects the Persian Gulf to the Gulf of Oman and has its narrowest point only 33 kilometers wide, is under the control of Iran, Oman, and the United Arab Emirates (UAE).
The Lifeline of Global Energy
20% of the total energy trade worldwide passes through this narrow strait.
Maritime Oil Trade
Approximately 30% of global oil transportation by sea is provided through the Strait of Hormuz.
30% of the world's liquefied natural gas (LNG) trade also reaches global markets through this strategic waterway.
Source: SeaNews Türkiye
