Iran's parliament speaker threatens regional oil blockade
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Iranian Parliament Speaker Mohammad Bagher Ghalibaf said Iran will not allow any country in the region to sell oil if Tehran itself cannot. The threat escalates rhetoric amid ongoing US-Iranian hostilities that began July 8.
The Threat
Mohammad Bagher Ghalibaf, speaker of Iran's parliament, wrote on X that "in a region where we do not sell oil, no one will sell oil." He added that if Iran's security is not ensured, no infrastructure will remain safe, and the security of the Strait of Hormuz is possible only without US forces. The statement frames the conflict as an "all or nothing" equation.
Escalation Background
The latest US-Iranian escalation began on July 8, when US forces struck Iranian territory for the first time since the Washington-Tehran memorandum, allegedly in response to an attack on a commercial vessel in the Strait of Hormuz. President Donald Trump announced the end of the ceasefire with Iran the same day. In retaliation, Tehran has struck US facilities in Bahrain, Jordan, Qatar, Kuwait, the UAE, and Oman.
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