Iran Restricts Passage through the Strait of Hormuz: Who the Sanctions Apply To
Situation in the Strait of Hormuz
According to Главком: Iran's Foreign Minister Abbas Araghchi stated the status of the Strait of Hormuz, emphasizing that Iran does not intend to close this vital waterway. However, he noted that passage for ships of the USA and Israel will be restricted. According to Araghchi,
“the Strait of Hormuz is effectively open. It is only closed to tankers and ships owned by our enemies – those who attack us, and their allies”
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The Strait of Hormuz remains open to most countries in the world. Meanwhile, US President Donald Trump announced the possibility of sending military ships to the area of the strait. He noted that
“a number of countries may send military ships to the Strait of Hormuz area to ensure safe navigation amid the threat of its blockage by Iran”
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The Importance of the Strait of Hormuz for International Trade
The situation in the Strait of Hormuz is crucial for international trade, as this waterway is key for transporting oil and gas. Restrictions imposed by Iran on US and Israeli vessels could increase tensions in the region and provoke military actions, which in turn would impact global energy markets.
The deployment of US military ships and their allies may indicate intentions to protect free passage in this strategic zone, further complicating relations between countries.
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