Iran has declared it will not allow even a single liter of oil to be exported from the region if the United States and Israel continue to attack.

Iran has declared it will not allow even a single liter of oil to leave the region if the US and Israel continue their attacks. Trump, meanwhile, warned of a response 20 times more severe than any previous attack if Iran obstructs him.

On March 10, 2569 at 10.34 p.m., Reuters news agency reported that Iran's Islamic Revolutionary Guard Corps (IRGC) announced on Tuesday that it would not allow the export of even a single liter of oil from the Middle East if the United States and Israel continued their attacks on Iran. This prompted U.S. President Donald Trump to immediately warn that if Iran attempted to obstruct oil exports from the region, the U.S. would retaliate with an even more severe attack.

Trump's warning came after global financial markets experienced significant volatility on Monday amid concerns that Iran's security power structure was consolidating support for its new Supreme Leader, Mojtaba Khamenei, and showed no signs of backing down from the conflict anytime soon.

Trump said the United States had severely damaged Iran's military capabilities and that the war would end sooner than the four weeks he had previously estimated. Although it remains unclear what the outcome of this war will be, Israel states that one of its primary goals is to overthrow the regime of a religious leader in Iran. US officials, on the other hand, indicate that the main objective is to destroy Iran's missile and nuclear programs. This comes despite Trump's previous statement that the war would only end when Iran has a government that complies with US demands.

According to Iran's ambassador to the United Nations, US and Israeli airstrikes since late February have killed at least 1,332 Iranian civilians and injured thousands more.

Trump also warned that if Iran attempts to block oil shipments through the Strait of Hormuz, which is used for approximately one-fifth of the world's oil, the United States will significantly escalate its attacks, he said in a press conference. "We will attack them so fiercely that neither they nor anyone who helps them will be able to rebuild that area of ​​the world."

The IRGC stated through state media that if attacks from the United States and Israel continue, Iran will not allow oil exports from the Middle East and affirmed that... "We ourselves will determine the end of this war."

Trump reiterated this warning via the Truth Social platform, stating that if Iran does anything that obstructs the flow of oil through the Strait of Hormuz, the United States will retaliate against Iran 20 times more severely.

As a result of the war, the Strait of Hormuz was virtually closed, making it impossible for oil tankers to navigate for over a week. This forced some producers to halt oil pumping due to full storage capacity.

The appointment of Mojtaba Khamenei as Supreme Leader on Monday further diminished hopes of a quick end to the war, leading to a sharp rise in oil prices while global stock markets fell. Markets later recovered after Trump expressed belief that the war could end soon, and following reports of a possible easing of energy sanctions against Russia.

Following discussions with Russian President Vladimir Putin, Trump stated that the U.S. might exempt some countries from oil sanctions to alleviate energy shortages. Several sources indicate this could mean further easing restrictions on Russian oil exports. However, such an approach could complicate Western efforts to punish Russia for the Ukraine war. Other options being considered include releasing oil from the U.S. strategic reserves or restricting U.S. oil exports themselves.

In the energy market, Brent crude oil futures fell more than 10% on Tuesday after surging 29% on Monday to their highest level since 2565. Global stock markets also began to recover.

Gasoline prices are a highly politically sensitive issue in the United States, especially in the run-up to the November midterm elections, where Trump's Republican party needs to maintain its majority in Congress.

A Reuters/Ipsos poll released on Monday found that 67% of Americans expect oil prices to rise in the coming months, while only 29% support a war.

Meanwhile, military attacks have escalated, with an oil refinery in Tehran being attacked, sending plumes of black smoke covering the city. The World Health Organization (WHO) warned that the incident could pose a risk of contamination in food, water, and air.

Turkey revealed that NATO's air defense system intercepted a long-range missile fired from Iran that had entered Turkish airspace, marking the second such incident since the war began. Iran has not yet commented on the report.

The Israeli military stated that it had launched attacks on new targets in central Iran, including Beirut, Lebanon, after Iranian-backed Hezbollah forces fired missiles across the border.

On the other hand, Australia has granted humanitarian visas to five Iranian women's national football players who sought asylum fearing persecution in their home country. It also announced it would send military reconnaissance aircraft to the Middle East and provide missiles to the United Arab Emirates to help bolster its defenses against Iranian attacks.

refer : reuters.com

Staying updated: The US and Israel launch attacks on Iran, escalating tensions throughout the Middle East.