'No One Will Sell Oil': Iran Threatens Regional Oil Exports as US-Iran War Escalates

Brief by Shorts91 Newsdesk / 03:22am on 23 Jul 2026,Thursday International

Iran has warned that no country in the region will be able to export oil if Tehran is prevented from selling its own, escalating tensions with the United States. Parliament Speaker Mohammad Bagher Ghalibaf said the security of regional energy exports now depends on Iran's security, declaring, “Either all or none.” His warning followed US President Donald Trump's threat to bomb Iranian bridges and power plants after any attack on commercial shipping in the Strait of Hormuz. Meanwhile, the US carried out its 11th consecutive night of strikes on Iranian targets. With threats also emerging around the Bab el-Mandeb Strait, concerns over global oil supplies and shipping costs continue to intensify significantly. (PC: Reuters)

Read More at India Today

Menu