Iran to completely shut Hormuz if Trump executes threats

The threat from Iran to shut the Strait of Hormuz in response to potential US actions could disrupt global oil supplies, leading to higher energy prices and increased market volatility in the short term. This escalation in geopolitical tensions might negatively impact energy-dependent economies and broader financial markets, although the actual execution remains uncertain and could be mitigated by diplomatic efforts. Overall, while oil prices may spike initially, the market has likely factored in some level of Middle East risk, potentially limiting the long-term fallout.