The Financial News

The Financial News

Iran Seizes Ships In Strait Of Hormuz Amid US Standoff, Triggers Oil Spike Above $100 | Watch


Iran has released its first video showing IRGC forces seizing commercial ships in the Strait of Hormuz, marking a major escalation in the ongoing maritime standoff with the United States. The operation comes just hours after Donald Trump extended a truce while maintaining a strict blockade, triggering a sharp response from Tehran.

The ship seizures—targeting vessels allegedly linked to Israel—highlight Iran’s growing control over one of the world’s most critical oil routes. The Islamic Revolutionary Guard Corps (IRGC) warned that any disruption in the region would cross a “red line,” raising fears of further escalation.

Markets reacted immediately. Brent crude surged past $100 per barrel as traders priced in supply disruptions caused by the dual blockade. With nearly a fifth of global oil passing through Hormuz, even limited interference is sending shockwaves across global energy markets.

Major economies are now tapping strategic reserves and adjusting consumption to cushion the impact of rising energy prices and geopolitical risk.

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