Iran has suspended negotiations with the United States and announced a complete blockade of the Strait of Hormuz, citing ongoing Israeli military actions in Lebanon. The decision comes as Iran demands an immediate cessation of Israeli operations in Gaza and Lebanon, and a full withdrawal from occupied Lebanese territories. In response to these developments, WTI crude oil futures surged 5%, reaching $91.74 per barrel. The blockade of the Strait of Hormuz, a critical chokepoint for global oil shipments, is part of Iran's strategy to pressure Israel and its allies. Iran has also indicated plans to activate other strategic fronts, including the Bab el-Mandeb Strait, to further its geopolitical objectives. The move underscores escalating tensions in the region, with significant implications for global energy markets.