US blockade of Iran would worsen global energy crisis, analysts say

While US military says it will blockade Iranian ports only, move would have ripples worldwide, according to analysts.

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United States President Donald Trump’s planned naval blockade of Iran would further cripple international shipping, exacerbating the energy crisis roiling the global economy, analysts warn.

Oil prices surged above $100 a barrel on Monday after Trump announced that the US Navy would blockade the Strait of Hormuz and “interdict every vessel in international waters that has paid a toll to Iran”.

US blockade of Iran would worsen global energy crisis, analysts say

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Strait of Hormuz map shows where US Navy warships will blockade Iran