Iran blames US, Israel for Hormuz tensions as crisis risks energy supplies

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Iranian Foreign Minister Abbas Araghchi has blamed the US and Israel for disruptions in the Strait of Hormuz, a vital waterway for global oil shipments, amid an ongoing war that began on February 28th. Araghchi called on the UN and other nations to condemn the "military aggression" and demand an end to it. The conflict has caused a surge in oil prices, with Brent crude rising over 40%. While Iran claims the strait is open to allies, a senior IRGC advisor previously threatened to close it. The US has called for a naval coalition to secure the waterway, but France has refused to participate. Several nations are reportedly negotiating with Iran for safe passage.
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