Trump Warns Iran Strikes Could Disrupt Oil Flows Through Strait of Hormuz
Donald Trump cautioned that military strikes on Iran risk disrupting global oil shipments via the strategic Strait of Hormuz.
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In a statement picked up by financial news outlets, former U.S. President Donald Trump warned that any military action against Iran could threaten oil shipments through the Strait of Hormuz. The strait is a critical chokepoint for global crude flows, and Trump highlighted that shipowners would not want missiles flying over vessels valued at over $1 billion.
The remarks come amid ongoing tensions between the U.S. and Iran, with the threat of disruption to oil supplies already factored into market premiums. No specific timeline or policy action was mentioned in the warning.
Source: First Squawk