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Tensions Soar in Strait of Hormuz – Iran Threatens Oil Blockade

Published March 11, 2026, 12:15
Tensions Soar in Strait of Hormuz – Iran Threatens Oil Blockade

Tensions are escalating in the Strait of Hormuz, with reports of ships being hit and exchanges of fire. Iran is threatening to block the passage of oil through the Strait, while the Revolutionary Guard has designated American technology companies as “legitimate targets.” There are reports of Mojtaba Khamenei being injured. Cyprus is on alert and the British HMS Dragon is heading to the region. The situation is extremely unstable and there is fear of wider escalation.