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In response to US sanctions, Iran warns of closing oil transportation routes.

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On February 11, Ali Reza Tangiseri, commander of the Iranian Islamic Revolutionary Guard Corps Navy, recently warned that if Iran is unable to export oil, the Strait of Hormuz will be closed, and preventing Iran from exporting oil normally is the intention of US President Trump. In an interview with Iranian media, the senior military commander noted: “We have the military ability to close the Strait of Hormuz, but as long as we are still using the strait, we will not do so for the time being.” "Currently, about one-third of the world’s seaborne crude oil trade passes through the Strait of Hormuz. According to the report, U.S. President Trump signed an executive order on the 4th to restart the policy of “maximum pressure” on Iran, focusing on strengthening economic sanctions and reducing Iran’s oil exports to zero to prevent Tehran from developing nuclear weapons.

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Nerdy_wave32vip
· 02-11 07:38
HODL Tight 💪
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