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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIran's revolutionary guards tell ships passage through Strait of Hormuz 'not allowed', EU naval mission official says

About a fifth of the world's total oil consumption passes through the strait.
https://www.reuters.com/world/middle-east/irans-revolutionary-guards-tell-ships-passage-through-strait-hormuz-not-allowed-2026-02-28/

Feb 28 (Reuters) - An official from the European Union's naval mission Aspides said on Saturday that vessels have been receiving VHF transmission from Iran's Revolutionary Guards saying "no ship is allowed to pass the Strait of Hormuz".
The strait is the world's most vital oil export route, which connects the biggest Gulf oil producers, such as Saudi Arabia, Iran, Iraq and the United Arab Emirates, with the Gulf of Oman and the Arabian Sea.
The official, who spoke to Reuters on condition of anonymity, said Iran had not formally confirmed any such order. Tehran has for years threatened to block the narrow waterway in retaliation for any attack on the Islamic Republic.
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Iran's revolutionary guards tell ships passage through Strait of Hormuz 'not allowed', EU naval mission official says (Original Post)
Celerity
4 hrs ago
OP
Track gas here. In Indy, gas was 2.69 this past week, it up to 2.75 avg this morning.
Captain Zero
4 hrs ago
#2
Ollie Garkie
(350 posts)1. Bettah fill up. Nt
haele
(15,287 posts)3. Got an EV last year.
Price of Gas is still going to affect the family budget, though.
Celerity
(54,042 posts)4. get the stickers ready........


Captain Zero
(8,845 posts)2. Track gas here. In Indy, gas was 2.69 this past week, it up to 2.75 avg this morning.
2.69 to 2.75 Saturday morning.
LetMyPeopleVote
(178,048 posts)5. Unconfirmed reports that Iran has closed the Strait of Hormuz
roamer65
(37,874 posts)6. This is going to be a 1980-82 level recession at a minimum.
The Greater Recession.
Here comes the oil shock to do it.