Iran’s Strait of Hormuz Closure Threatens Global Markets

The potential closure of the Strait of Hormuz by Iran poses a significant threat to global markets, with experts warning that it could drastically spike oil prices and trigger widespread volatility. According to Brigadier General Esmail Kosari of Iran, a senior commander and lawmaker, the nation is considering shutting down the critical shipping lane as part of its geopolitical strategy. This move would disrupt energy supplies globally and lead to immediate market upheaval.