How a cornered Iran could wreak havoc on global oil trade

  • Posted on June 23, 2025
  • By Business News Today
  • 3 Views
How a cornered Iran could wreak havoc on global oil trade

Following US airstrikes, Iran is considering retaliatory measures, potentially disrupting oil trade through the Strait of Hormuz. While a full closure is unlikely due to global economic consequences and potential retaliation, Iran has various options, including harassing ships, mining, or targeting regional oil infrastructure. The impact on oil supply and prices depends on the scale and duration of any disruption.
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