Iran has vowed to resist any attempt by the United States to deploy military escorts for commercial vessels in the Strait of Hormuz, framing the move as a deliberate effort to destabilize the region.
Iranian Foreign Ministry Spokesman Esmaeil Baghaei stated that Tehran will not allow the strategic waterway to become a source of threats to its national security, signaling a hardening stance amid rising tensions.
Brent crude surged 5% earlier in the session following reports of Iranian strikes on shipping in the strait amid US airstrikes, underscoring the immediate financial impact of the geopolitical standoff.
The diplomatic friction comes as markets continue to price in elevated shipping disruption risks.
Brent crude surged 5% earlier in the session following reports of Iranian strikes on shipping in the strait amid US airstrikes, underscoring the immediate financial impact of the geopolitical standoff.
The threat of further interference with commercial transit routes remains a primary driver of energy market volatility.
This development marks a significant escalation from previous warnings issued by Iran's armed forces, which cautioned that unauthorized US interference would trigger a swift military response.