By SUNTV Global Channel News Desk
Published: Wednesday, July 15, 2026
TEHRAN, IRAN — Iran has threatened to halt oil and gas exports from the Middle East following the United States’ decision to reimpose a naval blockade on Iranian ports, escalating tensions in the Persian Gulf and raising concerns over global energy supplies.
In a statement issued on Wednesday, Iran’s Islamic Revolutionary Guard Corps (IRGC) warned that if the current situation continues, oil and gas exports from the region could be disrupted.
“The export of oil and gas from the region will be either for everyone or for no one,” the Revolutionary Guard said, following Washington’s decision to restore the blockade after renewed attacks on commercial vessels navigating the Strait of Hormuz.
The renewed confrontation comes after negotiations between the United States and Iran reportedly stalled, ending a temporary pause in hostilities that had been intended to create room for diplomatic talks on Iran’s nuclear programme and maritime security.
At the same time, the United States intensified military operations against Iran. The U.S. Central Command (CENTCOM) confirmed that American forces launched coordinated strikes against dozens of Iranian military targets during a seven-hour operation.
Meanwhile, Bahrain and Kuwait activated missile warning systems after Iran reportedly launched missiles and drones targeting locations hosting U.S. military bases in the region.
Commander of U.S. Central Command, Admiral Brad Cooper, accused Tehran of escalating regional tensions, stating that American forces remain committed to protecting international shipping and regional stability.
Iran, however, rejected the accusation, insisting that Washington was responsible for the latest escalation.
Iran’s Ambassador to the United Nations, Amir Saeid Iravani, described the United States as “the aggressor,” maintaining that Tehran was acting in response to U.S. military actions.
The Strait of Hormuz remains one of the world’s most strategic maritime routes, with nearly one-fifth of global oil and liquefied natural gas supplies passing through the waterway daily. Any disruption to shipping in the area could significantly affect global energy markets.
U.S. President Donald Trump has also warned that additional military action could follow unless Iran returns to the negotiating table.
Energy analysts say the renewed crisis presents both opportunities and challenges for oil-producing countries such as Nigeria. While higher crude oil prices could boost export earnings and government revenue, they also warn that increased prices may drive inflation, raise transportation costs and increase the cost of imported petroleum products and industrial goods.
The latest escalation has renewed fears of a wider regional conflict, with international observers closely monitoring diplomatic efforts aimed at preventing further deterioration of the security situation.
SUNTV Global Channel will continue to provide verified updates as developments unfold across the Middle East.
