Iran closed the Strait of Hormuz to expand its attacks on the Gulf States

After the United States had struck its targets, Iran had announced the closure of the Strait of Hormuz and the expansion of attacks on Qatar and the United Arab Emirates, which had not been attacked in the past few months. This represents a substantial escalation of the situation, which traders view as a new supply risk event. Iran again warned against unauthorized passage of vessels through the Strait of Hormuz and expected to face upward pressure on the benchmark crude oil, freight and war risk insurance rates. For its part, the United States insists that traffic continues to flow through the southern route. The Iranian Revolutionary Guards have stated that they have attacked a number of targets in Jordan, Kuwait, Oman and Qatar. The United States military claimed to have struck more than 300 Iranian military targets within three days, with the aim of reducing Iran ' s threat to commercial shipping。