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Iran-US War: Iran Warns of ‘Chain Reaction' in Oil Markets as US Tightens Grip Around Hormuz
Published : Apr 13, 2026, 9:05 am IST
Updated : Apr 13, 2026, 9:05 am IST
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Iran Warns of ‘Chain Reaction' in Oil Markets as US Tightens Grip Around Hormuz
Iran Warns of ‘Chain Reaction' in Oil Markets as US Tightens Grip Around Hormuz

The move follows the failure of recent negotiations between the two nations, which ended without any agreement on key issues.

Iran-US War Latest News Today: Iran has issued a stern warning to the United States, signalling that any attempt to restrict maritime movement linked to its ports could unleash a cascading impact on global oil prices and economic stability.

In a strongly worded response, Iran’s Parliament Speaker Mohammad Bagher Ghalibaf used a symbolic mathematical expression to explain how disruptions in supply could trigger multiple waves of price escalation rather than a single spike. The message, shared on social media, was accompanied by a snapshot of current fuel prices in the United States, hinting that consumers may soon face significantly higher costs.

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The warning comes after US President Donald Trump approved a plan to enforce restrictions on shipping activity connected to Iranian ports. The move follows the failure of recent negotiations between the two nations, which ended without any agreement on key issues.

According to US Central Command, the proposed action is designed to curb Iran’s oil exports by limiting vessel access to its ports along the Persian Gulf and the Gulf of Oman. While international transit routes through the Strait of Hormuz for other countries will remain open, the decision has heightened concerns about potential disruptions in one of the world’s most critical energy corridors.

Market indicators have already begun to reflect the tension. Oil prices climbed sharply, crossing the $100 per barrel mark, as traders reacted to fears of constrained supply. Experts believe that even limited interference in the region can send shockwaves through global markets due to the sheer volume of crude passing through the Strait.

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The diplomatic setback in Islamabad, where US Vice President JD Vance led discussions with Iranian representatives, has further complicated the situation. Despite hours of talks, both sides remained divided over core demands, including nuclear commitments and regional security concerns.

Iran has maintained that it is open to continued engagement but has criticised what it sees as excessive demands from Washington. Meanwhile, the US has indicated it is prepared to escalate pressure if negotiations fail to yield results.

As tensions mount, analysts warn that the situation could evolve into a broader economic and geopolitical challenge, with the Strait of Hormuz once again emerging as a focal point of global concern.

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