The US embassy in Beirut has announced it will close “until further notice” because of the ongoing regional tensions. Al Jazeera reported on Tuesday.
“All other regular and emergency consular appointments have been cancelled. We will communicate when the Embassy returns to normal operations,” it added in a statement.
Iran's Islamic Revolutionary Guard Corps General Ebrahim Jabbari has warned that continued US-Israeli attacks will see Iran conduct reprisals against “all economic centres” in the Middle East.
“We are saying to the enemy that if it decides to hit our main centres, we will hit all economic centres in the region,” said Jabbari.
“We have closed the Strait of Hormuz. Currently, the price of oil is above $80 and will soon reach $200,” he was quoted as saying by Iranian news agency ISNA.
The Strait of Hormuz handles roughly one-fifth of the world’s traded oil and significant volumes of liquefied natural gas exports from Qatar and the United Arab Emirates. About 20 percent of global daily oil consumption — roughly 20 million barrels — passes through the narrow corridor.
No comments