Iran threatens to block US and Israeli shipments through the Strait of Hormuz amid escalating tensions.

Iran's Foreign Minister Abbas Araghchi stated that while the Strait of Hormuz will remain open for global shipping, vessels linked to the United States and Israel will be barred. This announcement follows recent U.S. strikes on Iranian oil facilities and comes amidst rising tensions in the Persian Gulf, a critical chokepoint for nearly one-fifth of global oil and gas shipments. The move could significantly impact global energy markets and maritime security.