News Desk. Amidst the increasing tension in the Middle East, Iran has taken a step which has given rise to both relief and debate at the global level. Iran has made it clear that the Strait of Hormuz has not been completely closed, but has been kept open for selected ‘friendly countries’. This decision can directly impact oil, gas and global trade.
Which countries in the world got relief?
According to Iran’s Foreign Minister Abbas Araghchi, ships from countries like India, China, Russia, Iraq and Pakistan have been allowed to pass through this important sea route. This decision has come at a time when there was concern all over the world regarding the Strait of Hormuz.
Iran’s stance is clear that countries which are not involved in any military or strategic action against it will be allowed to continue trade and supplies. At the same time, this path can still be kept closed for the opposing countries and their allies.
Why is the Strait of Hormuz important?
The Strait of Hormuz is one of the most important sea routes in the world. A large part of the global oil and gas supply passes through here. In such a situation, its closure or partial disruption directly impacts the international markets and the pockets of the common people.
United Nations concern
The United Nations also seems worried about this entire incident. UN Secretary General Antonio Guterres has appealed to keep this sea route completely open. He believes that due to the blockage in Hormuz, the supply of essential commodities like oil, gas and fertilizer is being affected, which may increase global inflation. This crisis may deepen especially during the farming season.
New Terms and Conditions
Iran has also made it clear that now ships passing through this route will have to follow certain rules. Ships from non-conflict countries will also be required to first obtain permission and coordination with Iranian authorities. It is clear from this that Iran now wants to strengthen its hold and surveillance on this sea route.
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