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Iran to Close Hormuz After Israeli Strike; Graham Threatens

6/22/2026

29 6 Full Breakdown

Summary

Story summary

Iran announced it will close the Strait of Hormuz again after Israeli strikes in Lebanon violated ceasefire on June 20.
Sen. Lindsey Graham warned United States would ‘obliterate’ Iran if it contests the strait, saying after a June 19 meeting with U.S. President Donald Trump that he expects President Donald Trump to seize it by force.
He also said the United States would charge a passage fee and require Saudi Arabia to join.

History

Historical Context

In October 1973 OAPEC, including Saudi Arabia, Iran and Iraq, cut production and imposed an oil embargo on the United States for supporting Israel during the Yom Kippur War. Prices rose from $3 to $12 per barrel, a 300 % jump, sparking the 1973 energy crisis. Today Iran’s threat to close the Strait of Hormuz revives that same leverage over global shipping.

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Story summary

Iran announced it will close the Strait of Hormuz again after Israeli strikes in Lebanon violated ceasefire on June 20.
Sen. Lindsey Graham warned United States would ‘obliterate’ Iran if it contests the strait, saying after a June 19 meeting with U.S. President Donald Trump that he expects President Donald Trump to seize it by force.
He also said the United States would charge a passage fee and require Saudi Arabia to join.

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