Iran Defence Ministry spokesperson says any military intervention by foreign powers in the security of the Strait of Hormuz would escalate the crisis and instability in global energy security

This statement raises concerns about the potential for conflict in a critical oil transit route, the Strait of Hormuz, which could threaten global energy supply stability. Markets may react to such escalatory rhetoric as it heightens geopolitical risk in the energy sector, with implications for crude prices (WTI) and overall commodity sentiment.