Brief by Shorts91 Newsdesk / 03:23pm on 13 Apr 2026,Monday International
Donald Trump escalated tensions by warning Iranian vessels approaching the US blockade in the Strait of Hormuz would be “eliminated,” claiming much of Iran’s navy is destroyed but fast attack boats remain a threat. Shipping has nearly halted, intensifying fears of disruption in a route handling major global oil flows. Analysts warn supply shocks could reach up to 20%, far exceeding past crises, pushing prices potentially to $132 per barrel. Iran’s smaller, stealth-focused fleet continues to pose tactical risks. Global output cuts, refinery disruptions, and reduced exports have deepened volatility, raising concerns over inflation, economic slowdown, and a prolonged geopolitical flashpoint. (PC: India Today)
