After Iran targeted US warships and US hitting Iranian Oil tankers, fear is growing of new escalation or even a full war between two once more.
Iran’s Parliament speaker Mohammad Bagher Ghalibaf said on “X” that American Oil n Gas production companies are exposed to Iran and that they have proved that it is easy for them to hit any target and Iranian missile has the capability to do so.
Iran’s President Pezeshkian vows that they will continue resistance against the aggressors. Where as President Trump is saying that when they win the war against Iran they Oil prices will drop sharply.
More than 100 ships used to transit strait of Hormuz which is dropped to only 10 commodity ships per day in last 10 days. This significant drop is one reason in recent oil prices hike.