Hormuz Strait is not closed for India!…Closed for US, Israel and Europe, IRIB informed

New Delhi :Tension has reached its peak in Tehran. In response to the joint attacks by America and Israel, Iran has taken strict measures on the Strait of Hormuz. IRGC clearly said that only ships belonging to Western countries will be attacked. This decision is shaking the global energy market, because one-fifth of the world’s oil passes through this route. Ship stoppages have disrupted supply chains, and oil prices are skyrocketing.

IRGC’s strict warning

Let us tell you that Iran’s Islamic Revolutionary Guard Corps said that they have the right to control the Strait of Hormuz during times of war. Citing international law, he announced that any ship of America, Israel, Europe or their allies would be targeted on sight. The government media broadcast this statement prominently.

Special discount to Chinese ships

On Tuesday, Iran indicated that only Chinese-flagged ships would be allowed to pass. Officials called it gratitude for Beijing’s support. This step is important because this is the only exit to the ports of the Persian Gulf. It may now be easier for China to continue importing oil.

The Islamic Revolutionary Guard Corps (IRGC) made this announcement through state broadcaster IRIB on Thursday. This vital waterway has been practically at a standstill since the war began, which is having a profound impact on global oil supplies. Iran has indicated to allow only Chinese flagged ships.

impact on global economy

Due to the closure of the strait, the movement of oil and gas has stopped. Most ship captains have stopped to avoid risk. Companies are now looking for alternative routes. Analysts believe that there will not be much difference on the main route of Asia-Europe, but the trade of the Gulf region will be badly affected.

Hundreds of ships parked near Kuwait, Dubai

This strait has never been completely closed before. Oil tankers continued to operate even during the Iran-Iraq war of 1980-88. Now live tracking shows that hundreds of ships are parked near Kuwait and Dubai. Iran’s own fleet is anchored near Bandar Abbas. There is a possibility of the situation worsening further.