Iran is moving to choke the world’s oil lifeline with a radical new draft law that would ban Israeli vessels from the Strait of Hormuz forever and force every other nation to beg Tehran for permission to pass.
The proposal also demands “war reparations” from hostile countries, turning a critical global chokepoint into Iran’s personal toll booth. This comes after months of naval clashes and ship seizures triggered by the US-Israel strikes on Iran earlier this year.
Nearly 20 percent of global oil flows through the strait every day. If Iran follows through, expect skyrocketing energy prices, empty gas pumps in the West, and fresh chaos for economies already struggling under weak leadership. Tehran knows exactly what it’s doing: weaponizing energy to punish its enemies and squeeze the free world.
The West can ill afford more weakness in the face of this aggression.