Oil prices jump as Iran warns Strait of Hormuz ‘cannot be the same’

Oil prices spiked Tuesday as Iran intensified its attacks on energy infrastructure across the Middle East and a senior regime figure suggested that the crucial Strait of Hormuz wouldn’t become safe for ships anytime soon.

Mar 17, 2026 - 17:00
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Oil prices jump as Iran warns Strait of Hormuz ‘cannot be the same’
Oil prices spiked Tuesday as Iran intensified its attacks on energy infrastructure across the Middle East and a senior regime figure suggested that the crucial Strait of Hormuz wouldn’t become safe for ships anytime soon.

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