Breaking: Iran decides on a "total blockade" of the Strait of Hormuz! Demands Israel ceasefire and withdraw troops

Middle Eastern geopolitical storm erupts again! According to the latest reports from Iranian official media, Iran and the "Resistance Front" have made a major decision to fully blockade the Strait of Hormuz, which controls 20% of global oil transportation, and warn of potentially linking the blockade to the Bab el-Mandeb Strait at the entrance to the Red Sea. Iran strongly demands that Israel must immediately cease military operations in Gaza and Lebanon and withdraw completely; otherwise, they refuse to restart any ceasefire negotiations.
(Background: Trump: Iran is "extremely eager to reach an agreement"! Criticizes domestic politicians for meddling: Just shut up and watch me perform)
(Additional background: Iran’s top military advisor warns: Continuing war with the U.S. will lead to "a road to nowhere," drone asymmetric warfare is the ace)

The tense situation in the Middle East faces a rapid deterioration crisis today (June 1, 2026). While the world keeps a close eye on the progress of the U.S.-Iran peace talks, the latest reports from Iranian state media have delivered a shock to global energy and financial markets.

According to the latest report from Tasnim News Agency, Iranian authorities and the "Resistance Axis" have made a major decision to completely blockade the Strait of Hormuz.

Warns of opening a Red Sea front, bottom-line negotiations to crush "Israel's withdrawal"

The report states that, in addition to the full blockade of the Strait of Hormuz, as a counter-pressure measure, Iran may further activate other fronts, explicitly mentioning control of the Bab el-Mandeb Strait at the entrance to the Red Sea.

Regarding the recent unpredictable U.S.-Iran ceasefire negotiations, Iranian officials have also firmly set their bottom-line stance through media. Iranian officials explicitly demand that Israel must immediately cease all military operations in Gaza and Lebanon and completely withdraw from Lebanese occupied areas. The report emphasizes that Iran will not engage in or resume any form of negotiations until these conditions are fully met.

20% of the world's oil lifeline threatened, risk assets sound the alarm

The news of this blockade decision has directly touched the sensitive nerves of the global economy.

The Strait of Hormuz is the world's most critical energy chokepoint, controlling about 20% of global seaborne oil and large quantities of liquefied natural gas transportation. Market analysts warn that if the strait is substantively blocked, the global energy supply chain could face catastrophic disruption, triggering retaliatory spikes in international oil prices.

For risk assets such as cryptocurrencies and stocks, this is also an extremely dangerous signal. With rising oil prices potentially causing inflationary pressures, coupled with the rapidly expanding uncertainty of ceasefire negotiations, market funds may accelerate fleeing to safe-haven assets. Global investors are now closely watching whether this "blockade order" will escalate into actual military action and how deeply it will impact the overall economy.