Iran has announced a complete closure of the Strait of Hormuz following recent military action by the United States. According to the statement, any vessel attempting to traverse the vital waterway will be considered a target. This move represents a significant escalation in tensions between the two nations. The Strait of Hormuz is a crucial chokepoint for global oil supply, with approximately 20% of the world’s oil passing through it daily. The closure would severely disrupt international shipping and energy markets. The Iranian announcement did not specify when the closure would take effect, but warned of immediate consequences for unauthorized passage. This action is widely interpreted as retaliation for recent U.S. strikes within Iran.