Global oil prices will spike sharply if the United States continues its “military adventures” in the Middle East, that is the warning issued by Iranian military command spokesman Ebrahim Zolfagari on social network X.
“As long as the Americans continue their military adventures in our region, no agreement will be reached. The US government has repeatedly shown that it only understands the language of force. Say hello to $200 oil.”
The statement came in response to US military action in the early hours of May 26. US Central Command announced it had carried out “defensive strikes” against Iranian speedboats attempting to lay mines in the Strait of Hormuz, as well as against missile launch sites. Washington nonetheless stressed that the ceasefire regime in effect since April 7 had not been violated.
The Strait of Hormuz is a vital artery of the global oil market, through which a significant share of supplies from Persian Gulf countries flows. Iran closed the strait after the outbreak of war in late February, triggering a sharp rise in global energy prices. In response, the United States imposed a blockade on Iranian seaports.
The fate of the strait remains the main sticking point in negotiations. On May 24, several American media outlets reported, citing sources, that the two sides had reached a preliminary agreement on the issue of navigation, but that the memorandum had still not been signed. Tehran has threatened $200 oil before, for now, prices remain hovering around the hundred-dollar mark.
