In a sharp warning on Monday, US President Donald Trump urged “all,”, including businesses and individuals, urged to keep the prices under investigation, making sure that the rising cost “could play in the hands of the enemy.”
Taking his social media platform Truth Social, Trump posted a strong word message to help “all” to help control prices amidst ongoing economic concerns.
Although he did not name specific areas, the comment appeared directed in American oil companies and possibly OPEC countries, amidst fresh concerns over global energy stability.
“Everyone, keep the oil prices low. I am watching! You are playing right in the hands of the enemy. Don’t do this!” Trump posted.
Earlier on Sunday, Euronuse reported that Iran, one of the most strategically important Chokpuints in the world, is considering closing the straight of Hormuz, and any blockade by Tehran will pose serious risk to Europe after the US air strike on Iran’s nuclear installations.
Revolutionary Guard Commander Sardar Easmel Commandari told the local media in an interview that the Straight of Hormuz is “under consideration, and Iran will take the best decision with determination according to Euroneuse.”
“Our hands are broad when it comes to punishing the enemy, and the military reaction was only part of our overall response,” Kosari said, who is a member of the Iranian Parliament besides his military status.
Earlier on Sunday, US President Donald Trump said that “very successful” attacks killed Natanz, Fordo and Isfahan underground atomic sites in Iran.
According to Euronews, Iran’s small and medium-ranges missiles will be able to target the platforms of the oil infrastructure, to target pipelines in the strategy, or even commercial ships, and can target tankers or ports with the surface-to-surface missiles. Navigation or radar equipment may disable navigation or radar equipment on major shipping ports in the aerial attack area using aircraft and drones.
Unmanned drones such as Iran’s Shahed models can potentially be used to attack specific shipping lane or infrastructure in Strait. Iran can try to deploy warships to block access to physically straight.
In 2012, Iran launched a cybercatac on Saudi Arabia’s oil industry, showing its growing potential in this domain, according to Euronuse.
Blocking the Strait was one of the Iranian reactions to the conflict, including terrorist acts on the mainland Europe, which was cited by the security expert Claude Monitor in an interview with Euronuse.
This would be “a disaster for Europe”, the former French intelligence officer said.
About 20 percent of global oil and a significant part of natural gas pass through the strand.
Europe imports oil and liquefied natural gas (LNG) from Gulf states, Saudi Arabia, Qatar, UAE, which travels through Strait. If Iran blocks it, global oil prices will rise, and Europe can withstand energy deficiency, especially in countries dependent on Middle Eastern fuel, according to uronues. (AI)