Iran Shuts Down the Strait of Hormuz: First Phase of Retaliation Against Israel.

Strait of Hormuz Closure

According to UATV: On June 20, 2026, Iran announced the closure of the Strait of Hormuz to maritime traffic, accusing the United States of violating a memorandum and Israel of continuing strikes on Lebanon. Tehran described this decision as the 'first phase' of its response to Israeli actions, raising alarm within the international community. The Strait of Hormuz is a critical chokepoint for global oil shipments, making any disruption there a major concern for energy markets worldwide.

U.S. Vice President JD Vance commented on the situation, stating that Washington has yet to see evidence confirming an actual closure of the Strait of Hormuz. Notably, over recent weeks, vessels have been using two routes to navigate this strategic waterway. Meanwhile, three supertankers flagged by Saudi Arabia transported approximately 6 million barrels of crude oil through the Strait of Hormuz.

Impact on Global Markets

According to available information, an agreement reached this week between Tehran and Washington could influence further developments in the region. The situation remains tense, as closing the strait could significantly affect global oil markets and the world economy.

The shutdown of the Strait of Hormuz raises serious concerns about the stability of international energy markets, given that this waterway is essential for transporting oil from the Persian Gulf. If prolonged, it could lead to a sharp increase in oil prices and impact the economies of energy-importing nations. The dynamics among Iran, the United States, and Israel may prove decisive for the region's future trajectory, particularly in light of potential military conflicts.