13
Apr
Tehran (Rajeev Sharma): Iran has responded sharply to Washington’s proposed maritime restrictions by cautioning that any disruption in the Strait of Hormuz could trigger a ripple effect across global energy markets, with consequences likely to be felt most strongly by American consumers. Iranian Parliament Speaker Mohammad Bagher Ghalibaf took an unconventional route to deliver the message, sharing a mathematical expression on social media to illustrate how tightening supply chains could lead to amplified increases in oil prices. Alongside the formula, he posted current fuel rates in the United States, suggesting that they may soon appear modest in comparison to what…
