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macroJun 20, 2026, 2:20 PM

Iran Closes Strait of Hormuz Accusing US and Israel of Ceasefire Violation

Iran announced the closure of the Strait of Hormuz, accusing the United States and Israel of violating a ceasefire agreement due to continued Israeli strikes.

USOIL

Iran has declared the closure of the Strait of Hormuz, a critical waterway for global oil trade, accusing the United States and Israel of breaching the ceasefire. According to Iranian officials, the decision was made in response to ongoing Israeli military strikes.

No further details have been provided by Iranian state media at this stage. The Strait of Hormuz is a strategically important chokepoint through which a significant portion of the world's oil supply passes.

Source: FXStreet Forex News