672 Iran Just Closed the Straits of Hormuz

17 Feb 2026Iran has partially closed the Straits of Hormuz, a vital oil checkpoint, with live fire drills and claims of 24/7 surveillance. This move, seen as a show of strength and coercive diplomacy, could lead to oil price spikes and accidental clashes. The situation is further complicated by Iran’s nearing weapons-grade uranium enrichment and ongoing nuclear talks with the US.Tensions between the US and Iran are escalating, with Iran ramping up pressure and the US deploying a second aircraft carrier to the region. If negotiations fail, the US is likely to respond with a swift and muscular military action, utilising its overwhelming force to counter Iran’s threats. This could lead to a significant escalation in the conflict, impacting global markets and potentially leading to a full-blown war.