Former Iranian Diplomat: Each New Military Clash Could Add 10 Percent to Oil Prices

Former Iranian diplomat Kourosh Ahmadi, responding to remarks by Mohsen Rezaei on the Strait of Hormuz, said sanctioning ships without reopening the strait would not be effective enough, and that each new military clash could add roughly 10 percent to oil prices, according to a report published by the Donya-e-Eqtesad newspaper on September 16, 2026 (Shahrivar 25, 1405). He said this dynamic could also push the United States toward ending the confrontation and accepting a negotiated solution.