Iran’s Islamic Revolutionary Guard Corps: “If energy facilities are attacked, we will destroy US-linked companies…full closure of the Strait of Hormuz”

Source
JH Kim

Summary

  • Iran’s Islamic Revolutionary Guard Corps said that if the United States strikes Iranian energy facilities, it will completely destroy companies that include US ownership stakes.
  • The IRGC warned that if President Trump carries out an attack on energy facilities, it will fully close the Strait of Hormuz.
  • It said that a blockade of the Strait of Hormuz would likely cause disruptions to about 20% of global crude oil shipments, making a major shock to the global energy market unavoidable.

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Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a hardline warning to the United States.

According to Walter Bloomberg on the 22nd (local time), the IRGC said, “If the United States strikes Iran’s energy facilities, companies that include US ownership stakes will be completely destroyed.”

It also warned, “If President Trump carries out an attack on energy facilities, we will completely close the Strait of Hormuz.”

The Strait of Hormuz is a key maritime chokepoint through which about 20% of global crude oil shipments pass; any blockade would likely deliver a major shock to global energy markets.

The remarks are being interpreted as signaling the risk that military confrontation in the Middle East could spread to energy infrastructure and maritime logistics.

Photo=Shutterstock
Photo=Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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