Tehran: Iran’s Revolutionary Guards have announced that the Strait of Hormuz has been temporarily closed, halting all maritime traffic through the strategically vital waterway.
In an official statement, the Guards explained that due to the current situation, no ships will be allowed to pass through the strait at this time.
According to international media, nearly one-fifth of the world’s crude oil supply flows through this narrow 40-kilometer-wide passage, making it a crucial artery for global energy distribution.
Several major oil-exporting nations, including Saudi Arabia, the United Arab Emirates, Kuwait, and Iran, depend on this route for transporting their petroleum products.
In addition, Qatar, the world’s largest exporter of liquefied natural gas (LNG), also relies on the Strait of Hormuz to deliver its gas shipments.
Analysts warn that since a substantial portion of crude oil sent to Asian markets by OPEC countries passes through this strait, its closure could have significant implications for global energy markets.
