Statement comes one day after Iran’s Revolutionary Guards (IRGC) stated that the Strait of Hormuz remains under ‘full control’ of its Navy and rejected any possibility of reopening
Iran’s military forces said on Thursday (2) that the Strait of Hormuz will be closed in the ‘long term’ to the United States and Israel. The statement comes one day after Iran’s Revolutionary Guards (IRGC) stated that the Strait of Hormuz remains under “full control” of its Navy and rejected any possibility of reopening under the conditions suggested by the United States.
In a statement, the force said that the strategic path “Donald Trump. The Strait of Hormuz has been closed for more than a month, since the start of the war, which began on February 28th.
Trump tried to reopen the region several times, but, at first, he did not have support from his allies, whom he classified as ‘cowards’. After the declaration, he received support from more than 20 countries, however, on Wednesday (2), during a press conference, he declared that the Strait will open ‘naturally’. Statement that comes after he said that, if the allies wanted oil, they should unlock the region alone.
O operating as the natural border between Iran and the Arabian Peninsula. In geopolitical and financial jargon, the region is classified as the main energy chokepoint in the world. Approximately 20 million barrels of crude oil pass through its waters daily, a volume that is equivalent to around 20% of global consumption of the commodity. Understanding the geography and political chess of this route is essential to explain why a possible closure of the Strait of Hormuz by Iran could cause a collapse in the global economy.
*With information from Reuters
