Rezaei: Economic War to Block Hormuz Oil Exports

This is rhetoric, not a policy shift, and the gap between the two is where the market risk sits. The Strait's importance to energy flows means even an unexecuted threat can feed into risk premia, and the official framing as 'economic war' signals intent to use the chokepoint as leverage rather than a genuine plan to close it. The open question is whether such language hardens into naval posturing or remains a pressure tactic, since only the former would move prices beyond a headline reaction.