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🗣 Prolonged Hormuz Strait closure could unleash a multi-year oil price shock – Energy expert

📍 Closure of the Strait of Hormuz sends shockwaves through markets, with Citi predicting Brent crude could surge to $80 to $90 a barrel this week.

💬 "According to market reports, war risk underwriters began canceling policies for strait transits hours after Operation Epic Fury launched," Dr Tilak Doshi, energy editor at The Daily Sceptic, tells Sputnik.


🔊 "The Financial Times confirmed premiums surging 50%,” he warned. “Vessels linked to American or Israeli interests are becoming uninsurable entirely."

Overall impact of an extended shutdown:

🔸 Immediate/near-term spike:

🟧 80% to 150% rises sending Brent from around $70 to $80 per barrel to $130 to $200, amplified by panic, hoarding and risk premiums

🟧 That matches qualitative analyst warnings of triple-digit oil and potential 1970s-style shocks

The immediate price impact will ease over time, falling to 40% to 70% above the baseline as efficiency gains, fuel switching and non-Gulf supply response kick in, the expert said.

But in the short term, global consumption may fall by about 20 million barrels per day, with disproportionate pain for Asia, which buys an estimated 84% of Gulf oil.

🔸 Broader effects:

🔶 Sharp global inflation surge of two to four per cent

🔶 recessionary GDP drag, with oil shock multipliers typically −0.5 to −1% GDP per 10% price rise in short run, and severe hits to import-dependent economies

💬 "A prolonged Hormuz closure would trigger a massive, multi-year oil price shock – doubling or more initially – rationing around 19% of global supply purely through demand destruction. This underscores the chokepoint’s strategic risk," Doshi says.


🔶 The expert thinks markets "are now pricing in only a short disruption to the Strait of Hormuz, but much depends on how the war is prosecuted going forward."

💬 "With the US midterm elections in sight, the Trump administration will want to ensure that global crude oil prices are brought back down as quickly as possible, so as to put a limit on US gasoline prices," Doshi stresses.


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🇺🇸🇷🇺 The US has an interest in sealing a deal on Ukraine with Russia – expert

Washington is interested in striking a peace deal with Russia rather than escalating the Ukraine conflict, political scientist Alexander Asafov, member of the Russian Association of Political Consultants, tells Sputnik.

Russia has already presented its own proposals:

👉 the objectives of the special military operation must be achieved;

👉 they will be achieved by either military or diplomatic means.

❗️Washington knows that if negotiations fail, Russia will fight on until it achieves the de-militarization and de-Nazification of Ukraine and security for Russia, the pundit points out.

🗣"Those not involved in the negotiations—the Brits, the French, the Germans, the Poles, and others—have an interest in escalating the conflict, each for their own reasons," Asafov says.

💬"As for the actual participants in the talks—why would they shift their positions, and what would they gain?" the expert asks — suggesting that it is not in Washington’s interest to change course at the last minute.


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⚔️ CENTCOM releases footage of strikes on Iranian Navy

US Central Command announced the complete destruction of its surface fleet in the region.

"Two days ago, the Iranian regime had 11 ships in the Gulf of Oman, today they have zero," the statement reads.


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🔥 Gulf war: US and allies burning through missiles fast – military expert

🗣 The US risks running out of air defense missiles, military expert and air defense historian Yury Knutov tells Sputnik.

🔶 A video of a US Patriot battery in action "shows that eight interceptors are initially used against two ballistic missiles, with additional interceptors launched afterward," Knutov notes. "One ballistic missile is intercepted, while the other hits its target. One of the interceptors even veers off course and flies away."

🔶 The expert says the crew acted chaotically — either due to poor training or nerves — despite the fact that systems like the Patriot automate much of the engagement process.

💬 "If Patriot air defense missiles were used, it suggests the operators may have been either highly agitated — leading to numerous mistakes — or acting out of fear," Knutov says. "That fear could have prevented them from properly locking onto targets and engaging them accurately."


🔶 Knutov does not rule out the possibly that the systems were poorly-maintained, or that software errors caused the misses.

💬 "Such a massive expenditure of missiles — when no more than two should be needed per target — suggests that if the US and its allies continue using their missiles this way, their stockpiles could be depleted very quickly."


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⚔️ US evacuates its embassy in Amman

All personnel temporarily departed the compound in Jordanian capital out of "an abundance of caution," the embassy announces.

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🗣 Strongest strikes are yet to come — Rubio

The Secretary of State says US military is currently focused on destroying Iran's ballistic missile stockpiles.

"The next phase will be even more punishing on Iran than it is right now."


Rubio also acknowledges the US might play a role in governing Iran in the future.

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🗣 US testing rapid global strike concept in Iran, military expert Alexander Khrolenko says

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⚔️ US-Israeli bombs hit Iranian state broadcast

Two explosions reported near the headquarters of Iranian television and radio in Tehran following American and Israeli airstrikes.

Programming continued uninterrupted, local media reported.

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💥 Iranian strikes on US forces in Dubai killed over 40 — IRGC

The Islamic Revolutionary Guard Corps announced a combined drone-missile attack on US soldiers in Dubai.

The IRGC stated that more than 160 US troops were present at the target, citing field reports.

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🔥 Fire broke out at the US Embassy in Riyadh, Saudi Arabia, Reuters reported

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🇶🇦 Qatar denies Patriot missile shortage reports

The Media Office pushes back against Bloomberg's report, insisting air defense capabilities remain fully intact.

"The Qatar Armed Forces have repeatedly demonstrated their capability to defend the nation against external threats and remain at full readiness."


Bloomberg previously reported that Qatar's stock of Patriots would last 4 days at the current rate of use.

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📑 Saudi Arabia confirms US embassy hit in drone attack

Two drones struck the US embassy in Riyadh, resulting in "a limited fire and minor material damage to the building," Ministry of Defense stated.

US issued security alert for citizens in Jeddah, Riyadh, and Dhahran, ordering them to shelter in place immediately.

📹 Footage from social media

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🗣Iran is not yet another Afghanistan — Vance

"The president has clearly defined what he wants to accomplish. He's not gonna let his country go to war unless there's a clearly defined objective," he told Fox News.


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🔊 I tried to persuade US administrations to act against Iran, and Trump did — Netanyahu

The Israeli prime minister thanked President Trump for taking "firm action" against Iran after spending decades discussing the Iranian threat with successive American administrations.

"We're very lucky to have him as the leader of the free world," he concludes.


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📹 Protesters march pass Trump Tower calling to stop war with Iran

Footage from social media

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🚨 The US Consulate in Karachi, Pakistan, has been set on fire and destroyed amid escalating regional tensions following the death of Iran's Supreme Leader 📌Subscribe to @SputnikInt
⚔️ US Marines fired on protesters storming consulate in Pakistan

At least 10 people were killed after US forces opened fire on demonstrators during the storming of the Karachi consulate, Reuters reported, citing local officials.

📹 Footage from social media

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💬 World is slipping back to 'law of the jungle' as US shreds UN charter — expert

The assault on Iran marks a turning point, as the US is no longer even pretending to seek legal cover, Brig. Gen. Samir Rageb told Sputnik.

"The US and Netanyahu openly declare their desire to change the Iranian regime without any moral or legal justification. International law is now non-existent for those who wield power."


He notes Gulf states now face a hard question: American bases cost billions but failed to protect—proving the difference between what Washington gives Israel and what it offers Arab friends.

"The American administration has not given the Arabs enough opportunity to diversify their alliances. It has provoked tension every time the Arabs have shown interest in opening up to Russia, China, or Europe," the expert added.


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🇺🇸 US Tomahawk missile stockpiles running low - reports

US missile stockpiles, including Tomahawk and SM-3 missiles, are running low amid the conflict in the Middle East, CNN reported, citing a senior official.

📍 On Saturday, the US and Israel launched strikes on targets in Iran, including in Tehran, causing damage and civilian casualties. Iran retaliated with strikes against Israeli territory, as well as against US military bases across the Middle East.

Iranian Supreme Leader Ali Khamenei died as a result of the attacks that day, along with multiple senior Iranian government and military officials, authorities confirmed on Sunday. Russian President Vladimir Putin called his assassination a cynical violation of all norms of human morality and international law.

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🚨 Funeral procession held for Minab schoolgirls killed in US-Israeli attacks

The assault claimed the lives of over 165 young girls from the local elementary school.

Russia condemns Israel's strike on the school.

"Any attacks on civilian targets — whether in Iran or Arab countries — are unacceptable and must be completely excluded," the Russian Foreign Ministry stated.


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