"The Iranian armed forces... will not allow the export of a single litre of oil from the region to the hostile side and its partners until further notice," said Ali Mohammad Naini, according to a report from Iran's Tasnim news agency. He said any change would take place based on the conditions of the conflict. On February 28, the US and Israel launched strikes against Iran that killed its supreme leader Ayatollah Ali Khamenei and triggered a war that has spread across the Middle East. Iran has responded with drone and missile strikes targeting Israel and US interests across the region. Shipping traffic through the strategic Strait of Hormuz, through which nearly 20 percent of the world's crude oil usually transits, has been severely disrupted. Iranian forces have repeatedly targeted oil tankers passing through the strategic waterway since the war began. Oil prices have since risen dramatically to over $100 per barrel -- the highest since Russia's invasion of Ukraine in 2022 -- before reversing course Monday after US President Donald Trump said military operations would be ending soon. (Bssnews)