Big stake amid Iran-Israel war, Iraq got free entry through the Strait of Hormuz, Tehran said he is our brother

News India Live, Digital Desk: Iran has played a big diplomatic card amid the ongoing fierce conflict in West Asia. Tehran has announced that Iraq will be completely free from the stringent sanctions imposed on the Strait of Hormuz, the world’s most important oil route. Calling Iraq a ‘brother’, Iran’s military spokesperson General Ebrahim Zolfaghari made it clear that Iraqi ships will not have to face any special permission or restriction to travel through this sea route. The strategy behind the ‘free hand’ given to Iraq. This step taken by Iran is being considered very important in the international corridors. Indeed, Iran has effectively controlled the Strait of Hormuz since the war began, disrupting global energy supplies. Although countries like India, China and Russia have been allowed to pass through here with conditions, but Iraq has become the first country which has been given complete freedom ‘without any conditions’. General Ibrahim said, “Iraq has stood firmly with us in difficult times. We respect Iraq’s national sovereignty and this exemption is only for friendly countries, not for enemies.” Trump’s 48-hour ultimatum and Iran’s challenge. On one hand, Iran is giving relief to Iraq, on the other hand, tension with America is at its peak. US President Donald Trump has given a tough 48-hour ultimatum to Iran, saying that if it does not open the Strait of Hormuz to everyone, it will have to face ‘devastation’. Trump has warned on social media that time is running out. At the same time, Iran has rejected this threat and claimed that it has shot down two American fighter jets, of which one pilot is reported to be in their custody. What will be the impact on the global oil market? Iraq is completely dependent on oil exports for its economy, which passes through this route. This decision of Iran has given Iraq the opportunity to export about 3 million barrels of oil daily. However, experts believe that amid the ongoing war at sea and the presence of American aircraft carriers, whether Iraqi ships will be able to leave safely is still a big question. If this route opens smoothly, then there may be some relief from the skyrocketing prices of crude oil in the global market.