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Iran vows to attack any vessel passing through Strait of Hormuz

Iran has threatened to attack any ship that attempts to pass through the Strait of Hormuz, one of the world's most critical shipping lanes for oil exports. Ebrahim Jabari, a senior advisor to the commander-in-chief of the Islamic Revolutionary Guard Corps, stated that the Strait is now closed and warned that guards and navy forces will set ablaze any vessel trying to transit. This threat marks Iran's most direct alert since announcing the closure of the crucial waterway, posing a significant threat to nearly 20% of global oil exports and potentially causing steep rises in crude oil prices worldwide. The Revolutionary Guard Corps warned that regular navy forces would ignite vessels attempting to navigate through the strait if anyone tries to pass despite the closure. Iranian Foreign Minister Abbas Araghchi indicated that several nations had approached Tehran seeking safe passage […]

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Trump Says Iran Deal Largely Negotiated Dispute Over Strait Reopening

US President Donald Trump has announced that a peace deal with Iran has been "largely negotiated" and that the Strait of Hormuz will be opened as part of the agreement, though Tehran has disputed the claim that control of the waterway will change. Trump wrote on his Truth Social platform that the Memorandum of Understanding between the United States, the Islamic Republic of Iran and various other Middle East countries including Turkey, Saudi Arabia, UAE, Qatar, Egypt, Jordan, Bahrain and mediator Pakistan has been largely negotiated and is subject to finalisation. The deal reportedly includes provisional reopening of the Strait of Hormuz for 60 days as a confidence-building measure, during which Iran would not charge tolls for ships transiting the waterway and would clear mines previously laid in the Hormuz Strait to allow free passage. In exchange, the US would […]

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