The ongoing war between the United States and Israel against Iran has shaken markets, particularly impacting oil prices. A post by U.S. official Ch. Wright claimed that U.S. ships were escorting oil tankers in a critical shipping lane, causing an immediate drop in oil prices. However, the statement was deleted quickly, resulting in a slight rebound in oil prices, highlighting the market's sensitivity to information about military movements.

As of now, it's unclear whether U.S. naval vessels have indeed escorted oil tankers since the war began on February 28. Wright's announcement was the first indication from a U.S. official about such military engagement. In contrast, Iran maintains that the outcome of the war is not under U.S. control, indicating a broader struggle for influence in the region and a promise to halt oil exports from the Persian Gulf while the conflict continues.

With nearly a fifth of the world's oil production passing through the strait, Iran's commitment to stopping exports adds further uncertainty to an already volatile market. The recent analysis by AFP shows that more than 20 commercial vessels have passed through the strait since March 2, despite Iran's declarations. This situation underscores the delicate balance of military actions and economic implications in the region that could affect global oil supply and prices going forward.