Iran threatens prolonged closure of Strait of Hormuz over US port embargo
Iran has issued a stark warning that it will maintain restrictions on the Strait of Hormuz unless the United States removes its perceived embargo on Iranian ports. The crucial maritime passage, which facilitates roughly a fifth of global oil trade, has seen commercial shipping drastically curtailed by the presence of Iranian gunboats and aggressive radio warnings from the Islamic Revolutionary Guard Corps (IRGC). This escalation comes as various regional ceasefires teeter on the edge of collapse