Iran shuts Hormuz again within hours

Iran has announced the closure of the Strait of Hormuz just hours after declaring the strategic waterway open, reversing its position amid rising geopolitical tensions.

According to Iran’s state broadcaster, IRIB, the Iranian military said in a statement that the Strait would now be placed under tighter restrictions.

The military stated that “the Strait of Hormuz” is now closed again, and passage requires Iran’s approval.

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The statement further explained that the waterway has “returned to its previous state” after the United States allegedly refused to lift its naval blockade on Iranian Gulf ports.

“We warned you, and you ignored it. Now enjoy Hormuz returning to its previous state,” an Iranian official said.

Recall that Iran had earlier announced the full reopening of the Strait of Hormuz, a move that was welcomed by United States President Donald Trump, who praised the decision at the time.

However, the latest reversal has again raised concerns over global energy supply routes and market stability.

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Following the earlier announcement of reopening, crude oil prices had fallen by about 11 percent, with West Texas Intermediate and Brent trading between $83 and $90 per barrel.

It was reported that since February 28, global crude oil prices have remained volatile due to ongoing conflict tensions in the Middle East.