Iran’s Revolutionary Guards Keep Hormuz Strait Closed Until US Ends Aggression
Iran’s Revolutionary Guards said the Strait of Hormuz will stay closed until the United States ends its “acts of aggression,” warning that other oil‑export routes could also be targeted. The Guards said they attacked US military facilities in Bahrain and Kuwait after American strikes on Iranian territory, and warned that oil and gas from the region will either be available for everyone or for no one. US officials reject Iran’s claim that it can control the strait and insist international shipping lanes remain open.
The Strait of Hormuz carries about a fifth of the world’s oil, so any disruption can spike global crude prices and raise fuel costs in Nigeria, where petrol prices already strain household budgets. Higher oil prices also affect government revenue from oil exports and can increase inflation, affecting transport, food and manufacturing costs.
While the Guards’ threats raise the risk of supply shocks, the US maintains that freedom of navigation will be upheld. Watch for official updates from the Nigerian National Petroleum Corporation and the Ministry of Petroleum Resources on any fuel price adjustments or subsidy reviews. Consider reviewing your household fuel budget or business fuel‑cost forecasts in case prices rise sharply in the coming weeks.