US-Iran Tensions Rise as Blockade and Export Threats Impact Global Oil Markets

The ongoing conflict between the United States and Iran has intensified following a renewed US naval blockade and airstrikes. In retaliation, Iran has threatened to disrupt all Middle East energy exports, causing a slowdown in shipping through the Strait of Hormuz and driving up global oil prices. US President Trump has also issued warnings of potential strikes on Iranian infrastructure if diplomatic talks do not resume.