Iran Warns US of Economic Consequences Over Energy Infrastructure Strikes
· World · Times of India, The Hindu
Iranian parliament speaker Mohammad Bagher Ghalibaf warned the US of severe economic retaliation if Washington targets Iranian energy infrastructure. Ghalibaf stated that attacks on Iranian oil and gas assets would lead to strikes against US interests in the region, citing the vulnerability of regional energy production chains. This warning follows comments from US Secretary of War Pete Hegseth, who claimed Iran's oil tanker fleet is defenceless and threatened to destroy it if Iranian forces target US ships. Meanwhile, Iran's Supreme National Security Council Secretary Mohsen Rezaei said Tehran would keep the Strait of Hormuz open only if the US stops its threats. The confrontation has created significant uncertainty for global energy markets and international shipping routes.
Why it matters
Escalating tensions in the Strait of Hormuz threaten global crude oil supply chains, which could lead to price volatility affecting India's energy import costs.
Read the original report — Times of India
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