Iran Warns Oil Prices Could Hit $200 Amid Strait of Hormuz Threats

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Tehran, Iran – Web Desk: Iran has warned that global oil prices could surge to $200 per barrel after announcing a new offensive strategy in the ongoing Middle East conflict. Ebrahim Zulfaqari, spokesperson for Iran’s Khatam al-Anbiya Central Headquarters, stated that Iran will no longer limit itself to defensive responses but will carry out repeated, proactive attacks against its adversaries.

Zulfaqari specifically threatened that Iran would block all oil shipments through the Strait of Hormuz to the United States, Israel, and allied nations if hostilities continue. Since the outbreak of hostilities on February 28, at least 13 commercial vessels have been targeted in the Strait of Hormuz, disrupting global oil supplies and causing prices to spike.

Analysts warn that any further disruption in this critical maritime corridor, which handles a significant portion of global oil and gas trade, could have severe economic and energy market consequences worldwide. Shipping companies and international energy agencies are monitoring the situation closely and implementing precautionary measures.

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