Iran has threatened to mine the entire Persian Gulf if its coasts or islands are attacked, escalating a crisis over the Strait of Hormuz. The warning follows a U.S. ultimatum to strike Iranian power plants if the vital strait is not reopened to global shipping. Global markets and energy supplies are experiencing severe volatility as the U.S.-Israel conflict with Iran enters its fourth week. Diplomatic efforts are underway, with the U.S. extending a deadline for strikes and claiming talks, which Iran denies. Analysts warn the conflict risks a catastrophic regional war with profound global economic and humanitarian consequences. In a dramatic escalation of a…
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