Posts  / USO  / #POST-221668
REDDIT

Oil Prices Mount as Iran Lays Mines In Straits of Hormuz

B
Mar 10, 2026 · 20:08

Iran has begun laying naval mines in the strategically vital Strait of Hormuz, according to two people familiar with U.S. intelligence reporting, in what analysts warn could extend the effective blockade of the world’s most critical energy chokepoint and deepen disruption to global oil flows.

The mining activity — currently limited to a few dozen mines laid in recent days — represents an escalation in Iran’s campaign to assert control over the narrow waterway, sources said. Tehran still possesses roughly 80%–90% of its small naval vessels and mine-laying craft, enabling it to potentially deploy hundreds more mines if it chooses, CNN reported.

Iran’s Islamic Revolutionary Guard Corps (IRGC), now sharing control of the strait with the regular navy, has a range of asymmetric capabilities, including scattered mine-laying craft, explosive-laden boats and shore-based missile batteries, giving it the ability to create a complex array of threats to passing vessels. The IRGC has previously warned that any ship attempting to transit the Strait will be attacked, effectively rendering the passage a “death valley” for commercial mariners in the current war environment.

Disruptions in Hormuz have already had significant ripple effects: tanker traffic through the strait has plummeted as shipping companies avoid the area and insurers hike premiums amid risk, and analysts warn that prolonged disruption could trigger one of the largest energy shocks in decades by choking off roughly one-fifth of daily seaborne oil and liquefied natural gas exports, hitting prices, inflation and global supply chains.

From OilPrice.com

https://oilprice.com/Latest-Energy-News/World-News/Oil-Supply-Risks-Mount-as-Iran-Lays-Mines-in-Strait-of-Hormuz.html