Mojtaba keeps Hormuz shut to avenge Iran 'killings', sends Trump into panic on war plans, oil price?

Published on Mar 13, 2026 10:27 am IST

Global oil markets are on edge as the Iran–U.S.–Israel war threatens one of the world’s most critical energy chokepoints — the Strait of Hormuz. Iran’s new Supreme Leader Mojtaba Khamenei has warned that Tehran could continue blocking the vital shipping route to avenge casualties from the war. Reports suggest the White House is increasingly concerned about the economic fallout as tanker attacks and regional instability push oil prices above $100.

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