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?? BREAKING: IRAN MOVES TO CONTROL STRAIT OF HORMUZ OIL TRAFFIC
Former Iranian Economy Minister Khandouzi declared that, starting tomorrow, all oil tankers and LNG shipments will need Tehran’s approval to pass through the Strait of Hormuz, the world’s most vital oil chokepoint.
The policy, set for 100 days, aims to end Trump’s pressure campaign through “economic and security measures.”
Khandouzi warned that delay means bringing the war “onto domestic soil.”
If enforced, this could escalate tensions globally and choke a fifth of all oil traded at sea.
Source: Fars News
Oil market not concerned
Down 1.5% today
Iran has threatened to close the strait approximately 15 times since 1980, including during tensions in 2008, 2011, 2012, 2018, 2019, 2022, 2024, and 2025. These threats often coincided with sanctions, U.S. or Israeli actions, or regional conflicts, but no closure materialized.
Conclusion: Iran has zero recorded instances of fully closing the Strait of Hormuz, though it has used threats and limited attacks as strategic leverage. The strait’s critical role in global oil trade (handling ~20% of global oil consumption) and Iran’s own economic reliance on it make a full closure unlikely and historically