Hormuz Warnings as Iran Presses on Amid Heightened Tensions

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Source: CNBC
Hormuz Warnings as Iran Presses on Amid Heightened Tensions
Photo: CNBC
TL;DR Summary

Iran’s foreign ministry spokesman warned CNBC that oil tankers transiting the Strait of Hormuz must be very careful amid escalating U.S.-Iran tensions, while defending attacks on Gulf states as legitimate under international law and saying Iran is prepared for all scenarios, including a potential ground invasion; the backdrop has sent crude prices above $100 a barrel as the strait remains effectively closed.

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