The Tasnim News Agency, affiliated with Iran's Islamic Revolutionary Guard Corps (IRGC), reported that Iran may close the Strait of Hormuz if the United States continues its naval blockade. This strait is critical as it facilitates the transit of about 20% of the world's oil production. Tehran views the US naval presence as a violation of a ceasefire agreement and a threat to Iranian export and import operations. US warships are currently deployed in the Indian Ocean near the Strait of Hormuz, positioned to intercept potential Iranian attacks. US President Donald Trump stated on social media that the naval blockade... [Continue Reading]