Iran reportedly warns of blocking Strait of Hormuz, sparking global oil fears.

Iranian forces have reportedly issued VHF warnings blocking passage through the Strait of Hormuz, a critical global oil and gas transit route, according to EU and UK maritime officials, though Iran has not officially confirmed the closure. The move follows intensified U.S.-Israel strikes on Iranian targets, prompting oil companies to suspend shipments and raising fears of supply disruptions. The strait, through which about 20% of the world’s oil passes, remains a flashpoint amid escalating regional tensions, with global markets reacting to potential energy volatility.