The world stopped breathing! Iran threatens to completely block ‘Strait of Hormuz’, prices of petrol and diesel may go up

At present, such a scary and world-shaking news is coming out from the Middle East (West Asia), which has created the biggest crisis in front of the global economy and energy security. After the latest war that broke out between Israel and Lebanon, Iran has now given a final ultimatum to completely close the world’s most important and sensitive sea oil route ‘Strait of Hormuz’. This aggressive step by Iran has created a serious threat of halting the supply of crude oil in the international market and a huge increase in oil prices at the global level. According to Iran’s government news agency ‘Tasnim’, Tehran is now not only going to choke Hormuz, but is also making foolproof preparations to simultaneously activate many other military fronts including the ‘Bab al-Mandeb’ strait located near the Red Sea.

Iran enraged by Israel’s intrusion, immediately suspends ceasefire talks with America

This very aggressive decision of Iran has come in response to the fierce military action being taken by Israel by entering the Lebanese border. Israeli forces have captured historic areas of Lebanon in their deepest incursion in the last 26 years and are continuously bombing Beirut’s southern suburbs. In response, Hezbollah is also continuously firing rockets at northern Israel. Iran has directly accused Israel of violating the terms of the ceasefire. In this anger, Iran has suspended all its ongoing indirect and confidential negotiations with America through Oman and other countries with immediate effect. Iranian officials have made it clear in a blunt tone that until Israel completely withdraws its forces from the soil of Gaza and Lebanon, there can be no question of sitting at the negotiating table with Washington.

There will be strict retribution for ‘Zionist crimes’, announcement of opening of resistance front

According to the Iranian leadership and their army (IRGC), in order to teach a lesson to these alleged ‘Zionist crimes’ of Israel and its supporters, the ‘Axis of Resistance’ has taken a historic decision to unite and completely blockade the Strait of Hormuz. Iran says that now a completely new and very dangerous front is going to open against Israel. A strategy has been made to surround Israel from all sides through Hezbollah, Houthi and other allied groups. This extremely explosive situation has brought the entire Middle East to a powder keg, raising the possibility of a direct military confrontation between the global superpowers.

“Iran is a good negotiator but a weak fighter…” Donald Trump said on the threat.

US President Donald Trump has also given a big reaction to this open challenge of closing the global oil route by Iran. Speaking on this sensitive issue, Trump said that the White House had no prior official information about this sudden decision of Iran. Trump, in his usual style, took a jibe at Iran, calling it a “good talker but a very weak fighter”. However, Trump also clarified that his statement does not at all mean starting American bombing on Iran. The US currently wants to avoid a direct military confrontation, but it will not weaken its military blockade and surveillance for the safety of international shipping in the Strait of Hormuz at any cost.

Danger of recession looms over entire world including India, economy may collapse

The ‘Strait of Hormuz’ is considered the lifeline of the entire world’s oil trade. Millions of barrels of crude oil are transported daily through this narrow sea route, which is a huge part of the world’s total oil trade. If Iran follows through on its threat and blocks this route, the global oil market could completely collapse. Its most lethal and direct impact will be on big importing countries like India. India imports more than 80 percent of its domestic crude oil needs from Gulf countries. With the closure of this route, not only will the country’s energy security be in danger, but due to the skyrocketing prices of petrol and diesel, inflation in the country can go out of control, which will break the back of the Indian economy.