Iran Vows 'Existential War' with US Amid Energy Supply Chain Threats

Following the US's sudden resumption of airstrikes against Iranian military infrastructure and maritime blockades, Iran has denounced the US as engaging in an 'existential war' and warned of closing the Strait of Hormuz to cripple global energy supply chains. US Central Command confirmed striking coastal defense systems and cruise missile facilities on the Greater Tunb Island, followed by a second wave of attacks. The US emphasized the strikes aimed to neutralize Iran's capacity to threaten commercial vessels in the strategic Strait of Hormuz. Iran's semi-official Mehr News Agency reported attacks across four regions near Ahvaz and southern coastal cities, with IRIB reporting a hospital near Ahvaz's childhood cancer center was hit, prompting evacuations. Iran's chief negotiator warned of an 'existential war' with the US, while the IRGC attacked US bases in Bahrain, Kuwait, and Jordan. Kuwait intercepted four Iranian missiles and 21 drones. The escalation comes just days after a fragile ceasefire collapsed, with Iran's threat to close the Strait of Hormuz sending shockwaves through global energy markets. Brent crude prices surged to $84.95 per barrel, hitting a monthly high. President Trump asserted confidence in defeating Iran but left room for dialogue, citing Iran's desire for negotiations.