Iran renews threat to close strategic Strait of HormuzChristian Fernsby ▼ | April 23, 2019
Iran has renewed threats to close the Strait of Hormuz if it is prevented from using the strategic Persian Gulf waterway to export oil.
Asia Under international law, the Strait of Hormuz is a ‘sea passage’
“If we are prevented from using it, we will close it,” he said. “If there is any threat… to Iranian waters, we will not hesitate to respond.”
Iranian officials have repeatedly threatened to close the strait, one of the global oil trade’s most important waterways, amid steadily mounting tensions with the U.S.
The lion’s share of petroleum from the region’s top producers including Saudi Arabia, Iraq and Kuwait passes through the Strait of Hormuz en route to oil-thirsty markets in the Far East.
Earlier Monday, Washington announced plans to end all temporary exemptions for countries that still buy Iranian oil.
The move comes as part of the White House’s policy of exerting “maximum pressure” on Iran with a view to bringing the country’s petroleum revenue to zero. ■