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.
#OilPrices #Iran #Hormuz #GlobalMarkets #EnergyCrisis #Geopolitics #IRGC #USIran #BrentCrude #OilSpike
Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.
Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx3pdg
Now make Mint your preferred source on Google and get business & finance updates first.
Add here – https://www.google.com/preferences/source?q=mint
Subscribe to Mint Premium Now: https://www.read.ht/Scaq
Subscribe to Mint’s WhatsApp Channel: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d

