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BREAKING: Iran SHUTS DOWN Strait of Hormuz After U.S.-Israel Strike, Oil Prices SET TO SOAR

Gary FranchiFebruary 28, 2026222 views
BREAKING: Iran SHUTS DOWN Strait of Hormuz After U.S.-Israel Strike, Oil Prices SET TO SOAR
Photo by Generated on Unsplash

Iran's Islamic Revolutionary Guard Corps has effectively shut down the Strait of Hormuz, the world's most critical oil shipping chokepoint, in direct retaliation for overnight strikes conducted by the United States and Israel against Iranian targets.

The move immediately threatens to disrupt global oil supplies and send gas prices soaring for American families who were just starting to benefit from President Trump's energy dominance policies. The Strait of Hormuz handles roughly 20% of the world's petroleum liquids, making it arguably the most strategically important waterway on the planet.

Strategic Chokepoint Under Iranian Control

This escalation represents exactly the kind of foreign policy crisis that President Trump inherited from the disastrous Biden administration, whose weak leadership and failed Iran nuclear deal emboldened the radical Islamic regime in Tehran. For four years, Biden's appeasement policies allowed Iran to strengthen its military capabilities and regional influence.

The closure of the strait will likely force oil tankers to take much longer and more expensive routes around the Horn of Africa, adding weeks to shipping times and dramatically increasing costs that will ultimately be passed on to American consumers at the pump.

"This is the direct result of four years of Biden's weakness that emboldened Iran and its terrorist proxies across the Middle East," said one congressional Republican source familiar with the situation.

Oil futures are already spiking in early trading, with analysts predicting potential price increases of $10-20 per barrel if the closure persists. That translates to roughly 25-50 cents more per gallon at American gas stations – a devastating blow to working families already struggling with inflation.

Trump's Response Critical

President Trump now faces a critical test of his America First foreign policy. Will he allow Iran's terrorist regime to hold the global economy hostage, or will decisive action be taken to reopen this vital shipping lane?

The situation underscores why Trump's energy independence agenda – including maximizing domestic oil and gas production – is more crucial than ever. When America produces its own energy, we're not held hostage by radical regimes halfway around the world.

How long will American families be forced to pay the price for Iran's aggression?

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Gary Franchi

Award-winning journalist covering breaking news, politics & culture for Next News Network.

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A
AmericaFirst2024VerifiedMar 1, 2026
We need to be energy independent NOW!
C
ConservativeDocVerifiedMar 1, 2026
Can someone explain how closing Hormuz affects global markets? I know it's important but want to understand the full economic impact.
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MarketWatcher88VerifiedMar 1, 2026
About 20% of global oil passes through there daily. It's basically a chokepoint for the world economy.
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PatriotDefender45VerifiedMar 1, 2026
This is exactly what happens when we don't project strength from Day 1. Iran knows Biden's weakness and they're exploiting it.
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TexasVoter2024VerifiedMar 2, 2026
100% agree. They never would have tried this under Trump.
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EnergyWorker_TXVerifiedMar 2, 2026
Been working in oil & gas for 20 years - this is going to hit every American at the pump within days. My company is already getting emergency calls about supply chains.