Not ‘a litre of oil’ to pass Strait of Hormuz, expect $200 price tag: Iran
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Source: Al Jazeera
Published: 2026-03-12 02:43 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, World News, War & Conflict
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Snippet:
Iran’s Islamic Revolutionary Guard Corps (IRGC) says it will not allow “a litre of oil” through the Strait of Hormuz as the closure of the key Gulf waterway continues to roil global energy markets during the US-Israeli war on Iran.
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