US EditionIran Parliament Approves Closure of Strait of Hormuz Amid Regional Tensions; Approval Still Pending From Khamenei: Press TV
- Iran's parliament approved a motion to close the Strait of Hormuz, a key shipping route, though final approval awaits the Supreme Council.
- The motion addresses recent attacks carried out by Israel and the United States targeting Iran’s nuclear and military facilities amid rising tensions and a series of military engagements in the region.
- The Strait of Hormuz channels about 20% of global oil, and closure risks severe disruptions including surging oil prices, increased inflation, and supply chain delays in Europe.
- Revolutionary Guard Commander Esmail Kowsari said Iran is determined to make the best decision and warned that military response is only part of Iran's overall approach.
- If implemented, the closure might provoke armed responses from the U.S. and its allies, disrupt global shipping routes significantly, and increase the risk of escalating conflict throughout the region.
42 Articles
42 Articles
Iran is threatening to block the Strait of Hormus. This could have serious consequences for the world economy and also Germany.
On Sunday, Iran announced plans to block the Strait of Hormuz, through which 30 percent of the world's oil passes. Europe could be the big loser, experts believe.
Iran threatens to shut Strait of Hormuz, risking global oil supply
Tehran’s move could block one-fifth of global oil trade as tensions escalate over U.S. strikes on nuclear facilities. By David Brummer, World Israel News Iran’s parliament has approved a motion to shut the Strait of Hormuz, a critical maritime chokepoint through which roughly 20% of the world’s oil supply passes each day, the New York Post reported Sunday. The decision, which still awaits final approval from Iran’s Supreme Council, could signifi…
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