🚨 JUST IN: Iran closes the Strait of Hormuz
Iran says it has shut down the Strait of Hormuz and warned it will attack any ship that tries to pass.
This a Massive
About 20% of the world’s oil moves through this small water route. If ships can’t pass:
• Oil prices can jump
• Gas prices can rise
• Shipping becomes more expensive
• Markets may turn volatile
In simple terms:
If this route stays closed, the whole world feels it.
Energy, inflation, crypto, stocks — everything could react.
This is a major escalation.