Is a crisis like 1970 coming again? Iran’s warning creates stir in the world, know what Tehran said

Strait of Hormuz Crisis: The ongoing war between Iran and America-Israel has now turned into a dangerous ‘economic warfare’ Has taken the form of. Iran has made it clear that it will not allow even a single drop of oil to go out of the Strait of Hormuz until its security is restored. Ibrahim Zolfakri, spokesman for the Iranian military headquarters ‘Khatam al-Anbia’, has cautioned the global community and said that now the world should be prepared for oil prices of $ 200 per barrel.

Attacks on ships in Hormuz

Tensions escalated further when Iran targeted three more merchant ships in the Strait of Hormuz. The most serious attack among these took place on Thailand’s cargo ship ‘Mayuri Nari’ coming from Dubai to India’s Kandla port. After the attack, a massive fire broke out in the engine room of the ship and a plume of smoke was seen in the sea. Oman’s Navy has safely rescued 20 sailors but 3 sailors are still missing. Apart from this, Japanese ship ‘One Majesty’ and ‘Star Gwyneth’ of Marshall Islands have also been attacked with missiles.

Like the 1970s ‘oil shock’

Experts believe that if this blockade continues, the world will face the biggest ‘oil shock’ since the 1970s. About 20% of the world’s crude oil passes through this narrow path. Iran has warned that it will consider all those tankers as its ‘legitimate targets’ Who are associated with America or Israel’s allies. This strategy is not limited to war but a comprehensive ‘economic blockade’ aimed at disrupting the global supply chain.

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‘Naval mines’ are being laid evading radar.

Iran is now changing its military strategy. He is using small boats which are laying ‘naval mines’ in the middle of the sea, avoiding radar sight. According to the military spokesman, the price of oil depends on the regional security that the US and Israel have destabilized. However, amidst this tension, there is also a news of relief that a non-Iranian oil tanker has safely reached Mumbai, India via Hormuz.