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

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.