Amidst the war, Iran gave good news to India, made a big announcement regarding the Strait of Hormuz, know who will suffer the biggest loss.

Strait of Hormuz: Amidst the ongoing tension in the Middle East, Iran’s Islamic Revolutionary Guard Corps (IRGC) has made a big and tough announcement. This announcement is good news from India’s point of view. Iran says that the Strait of Hormuz is now completely closed to ships only from America, Israel, Europe and their Western allies.

This announcement was made on Thursday through Iran’s government broadcaster IRIB. IRGC gave a clear warning that if any ship of America, Israel, Europe or their allied countries tries to pass through this important water route, it will be attacked and destroyed.

Why good news for India?

Now with the new announcement it has become clear that India is also exempted from this strictness and it will also get oil. Earlier on Wednesday, Iran had said that only Chinese flagged ships would be allowed to pass through the Strait of Hormuz. Iranian officials saw this as a thank you for Beijing’s support and sympathetic attitude towards Tehran during the war.

Iran has control of the Strait of Hormuz

Iranian officials said that in accordance with international law and related resolutions, the Islamic Republic of Iran has the full right to control traffic through the Strait of Hormuz during times of war. The IRGC reiterated that it has previously stated that the Islamic Republic of Iran has the right to control the strait in times of war.

The announcement came after the US and Israel launched a joint military operation against Iran on Saturday, virtually closing the strait. This action has caused a sharp rise in oil prices around the world and has created a serious crisis in energy supply around the world.

20% of oil passes through the Strait of Hormuz

The Strait of Hormuz carries approximately one fifth (20%) of the world’s total seaborne oil shipments, making it vital to global energy security. It is the only way to access Persian Gulf ports, including Dubai’s Jebel Ali Port, the world’s tenth-largest container terminal.

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Iran has closed this waterway since the fighting began. Live data on maritime tracking websites showed hundreds of tankers and other ships anchored north of Kuwait and off the coast of Dubai. Iran’s own fleet is also deployed near Bandar Abbas Port at the eastern end of the strait.

Traffic was continuing during Iran-Iraq war

Experts believe that a complete blockade will not have a direct impact on the main sea routes of Asia-Europe, but it will have a very bad impact on Gulf trade and oil and gas supply. This is the first time in history that the Strait of Hormuz has been closed to commercial ships in this manner. Traffic continued despite attacks on oil tankers during the Iran–Iraq War of 1980–1988.

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