Feb 28 β€’ 16:24 UTC πŸ‡ͺπŸ‡ͺ Estonia ERR

Iranian Revolutionary Guard bans passage through Strait of Hormuz

The Iranian Revolutionary Guard has issued a ban on vessels navigating the Strait of Hormuz, a vital oil transit route, following threats of disruption in response to U.S. and Israeli attacks on Iran.

The Iranian Revolutionary Guard has reportedly forbidden any ships from passing through the Strait of Hormuz, a strategic waterway that is crucial for oil exports from the Persian Gulf. This announcement was made in radio messages intercepted by vessels operating in the area, as confirmed by an official from the EU naval mission Aspides. The Strait connects major oil producers like Saudi Arabia, Iran, Iraq, and the United Arab Emirates to the Gulf of Oman and the Arabian Sea, making it the world's most critical oil export route.

Iran has a history of threatening to close the Strait in times of military tension, particularly if it perceives an attack on its territory. Following recent military operations involving the United States and Israel against Iran, Iranian authorities have escalated their warnings regarding the security of this passage. Notably, the United Kingdom's Maritime Trade Operations center also reported receiving alerts from vessels in the Persian Gulf concerning the closure of the Strait.

As a direct consequence of this announcement, several tanker operators, major oil companies, and trading firms have suspended shipments of crude oil, fuel, and liquefied natural gas (LNG) through the Strait. With the geopolitical stakes high, the implications of this ban could lead to significant disruptions in global oil supply chains and increase tensions in an already volatile region.

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