Iran Strait of Hormuz: Oil Supply, Conflict & Latest Updates

Iran’s Islamic Revolutionary Guard Corps (IRGC) intelligence unit has warned of targeting technological and political sites in the United States and Israel in response to any attack on Iranian infrastructure, following a 48-hour ultimatum issued by U.S. President Donald Trump regarding the Strait of Hormuz.

The IRGC’s statement, published by the Fars News Agency, indicated a scope of potential retaliation “beyond just the region,” referencing a “red target bank” of sites. This follows Trump’s declaration that U.S. Action to “hit and obliterate” Iranian power plants will occur if the Strait of Hormuz is not fully reopened within the allotted timeframe, a deadline that expires Sunday.

Tehran has responded by stating that any strike on its energy facilities will trigger retaliatory attacks on U.S. And Israeli energy and infrastructure, according to a statement carried by the Tasnim news agency. Mohammad Bagher Ghalibaf, speaker of Iran’s parliament, added that critical infrastructure and oil facilities throughout the region would be “irreversibly destroyed,” potentially driving up oil prices significantly.

The escalating tensions come after the British government confirmed Iran launched an unsuccessful attack on Diego Garcia, a joint U.S.-U.K. Military base in the Indian Ocean. Iran’s semiofficial Mehr news agency reported the firing of two intermediate-range ballistic missiles, with one failing to reach the island and another intercepted by a U.S. Warship.

Despite the threats, Iran has stated the Strait of Hormuz remains open to all vessels except those linked to “enemy” nations. This position was reiterated after Trump’s ultimatum, signaling a reluctance to concede to U.S. Demands while under perceived attack.

The UK’s Housing Secretary Steve Reed stated there was “no assessment” of a potential Iranian strike on London.

President Trump had previously suggested the U.S. “doesn’t demand” the Strait of Hormuz, following a lack of support from allies for escorting ships through the waterway. He also asserted that Iran was “finished from a military standpoint” but was “clogging up” the Strait.