Iran's Defense Council threatens to deploy naval mines across the 'entire Persian Gulf' if a land invasion happens, AP reports

Newsquawk StaffPublished 23 Mar 2026, 08:25 UTC

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08:29

Russia's Primorsk and Ust-Luga ports have reportedly suspended oil and fuel loadings since March 22nd amid drone attacks, sources suggest

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EUROPEAN OPEN: RHM GY targets F126 contractor role this summer; SZG GY posts loss, guides FY26 profit higher; PST IM bids EUR 10.8bln for TIT IM; VOW3 GY says restructuring to continue despite backlog; STMPA FP starts China-made STM32 volume deliveries

08:05

Iran's Defense Council threatens to deploy naval mines across the 'entire Persian Gulf' if a land invasion happens, AP reports

08:03

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Sinopec (0338 HK) VP says there is not much Russian oil available under the waiver and are evaluating risks of buying Iranian oil

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Context

Iran's Defense Council's threat to deploy naval mines across the Persian Gulf escalates regional tensions and raises significant concerns for maritime security. This move could disrupt shipping routes and impact energy supply, particularly oil prices, as the Gulf is a critical artery for global oil transport. Traders should be alert to potential volatility in WTI and other related commodities due to heightened geopolitical risks.

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