Shipping traffic in the Strait of Hormuz has fallen below its 10-day average, according to recent data. Tehran has responded by vowing severe punishment and retaliation against Washington following a new wave of US attacks. The Iranian government has expressed strong opposition to the escalating tensions, emphasizing its readiness to respond with force if necessary.
US officials, including Treasury Secretary Scott Bessent, have announced plans to intensify economic pressure on Iran. Bessent stated that measures will be taken to "asphyxiate" the Iranian government until it agrees to a peace deal with President Trump. These measures include targeting offshore bank accounts and luxury properties linked to Tehran's Islamic Revolutionary Guard Corps.
The situation has raised concerns about regional stability. Analysts warn that the ongoing conflict could lead to further disruptions in oil supplies, impacting global markets. Meanwhile, Iran has called for a diplomatic resolution, stressing that military action would only worsen the crisis.
Both sides continue to issue strong statements, with no immediate signs of de-escalation. The situation remains closely watched by international observers and energy markets.
