
Iran Shuts Strait of Hormuz After US-Israeli Strikes on Kharg Island
Key Takeaways
- U.S.-Israel strikes hit Iranian targets, escalating regional conflict.
- Iran retaliated and effectively shut down the Strait of Hormuz.
- Oil prices rose above $100 per barrel amid disruption fears.
Strait Closure and Kharg Strike
Iran effectively shut down the Strait of Hormuz after US-Israeli forces bombed Kharg Island.
Trump confirmed the US had bombed military targets but spared oil infrastructure.

PBS quoted Iran's military declaring they would not allow even a single liter of oil to pass for the benefit of the United States or Israel.
UPI noted Iran-backed forces fired on Kuwaiti and Qatari vessels after US-Israeli strikes on Qatari defense assets.
The closure caused oil prices to spike above $100 per barrel despite a historic IEA release.
Regional Retaliation and Escalation
Iran launched multiple missile and drone strikes across the region.
Kuwait said it had downed eight Iranian drones.

Saudi Arabia intercepted five drones heading towards the Shaybah oil field.
UPI described the widening maritime attacks, noting six vessels targeted in two days.
The Thai-registered Mayuree Naree was struck with crew members believed trapped.
Economic Impact and Global Response
The closure of the Strait sent oil prices surging despite the IEA's largest-ever coordinated release.
“Photo credit: Azernews On Wednesday morning, Israel and Iran exchanged fire as Tehran intensified its pressure on the region's oil sector, striking a ship in the Strait of Hormuz and targeting infrastructure, fueling concerns about a potential global energy crisis”
Brent crude rallied by 9% to $100.29 a barrel before slipping back to $98.
Iraq halted operations at its oil ports.
The economic disruption extended beyond oil as commercial shipping was impaired.
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