Audrey Streb
DCNF Energy Reporter
June 22, 2025 5:12 PM ET
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Iran is reportedly weighing blocking a key commercial choke point known as the Strait of Hormuz, a move that could drive up energy costs in the U.S. and across the globe, according to energy sector experts who spoke with the Daily Caller News Foundation.
Israel began to bombard Iran to eliminate the Islamic Republic’s ability to build a nuclear weapon on June 13, and the U.S. carried out “Operation Midnight Hammer” on Saturday night, bombing three of Iran’s nuclear facilities. While Iran’s parliament has reportedly voted to close the Strait of Hormuz in a retaliatory move to choke the world’s oil supply in response to the American strikes, the U.S. is well-positioned to combat the inevitable energy cost spike that would follow if Iran succeeds, sector experts told the DCNF.
“The escalating conflict between Iran and Israel is already putting upward pressure on oil and natural gas prices—and that pressure will intensify if the Strait of Hormuz is blocked,” Trisha Curtis, an economist at the American Energy Institute, told the DCNF. “This kind of disruption would send global prices higher and tighten supply chains. Fortunately, the U.S. is well-positioned to respond — our domestic production strength and growing export infrastructure make American oil and natural gas increasingly indispensable to global markets.”
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https://dailycaller.com/2025/06/22/iran-global-economy-block-strait-of-hormuz-us-strikes/
