Tensions Explode: Iran Declares Strait of Hormuz Blockade Following US Strikes, Sending Nikkei Plummeting 1,800 Yen
Tensions in the Middle East have rapidly intensified. On June 11, 2026, local time, Iranian military authorities declared a "complete blockade" of the Strait of Hormuz—a vital global energy chokepoint—in retaliation for consecutive days of additional airstrikes by U.S. forces. Iran warned that all vessels, including tankers and commercial ships, would be blocked and that any attempting to navigate the strait would be targeted. While the U.S. has partially downplayed the blockade, the announcement has triggered widespread anxiety and volatility across international markets and global economies. U.S. Strikes and Iran's Fierce Retaliation Reports indicate that the U.S. military has conducted consecutive rounds of additional strikes against Iran. President Trump highlighted that the operation was for self-defense, noting that "49 missiles were fired." In response, Iran announced its blockade of the Strait of Hormuz. Furthermore, Tehran has signaled potential attacks...