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Iran is ready to close the Strait of Hormuz/ What consequences does it bring for international trade?

Politiko 2025-06-22 16:50:08

Iran is ready to close the Strait of Hormuz/ What consequences does it bring for

The Iranian parliament has approved a proposal to close the strategic Strait of Hormuz, the sea route through which almost 20% of the world's oil and gas trade passes. Foreign media write that the final decision will be made by Iran's Supreme National Security Council, while a timetable or final activation of the plan has not yet been announced.

However, statements from officials confirm that Tehran is seriously considering the move. Iranian MP and top Revolutionary Guard commander Esmail Koshari told reporters that closing the Strait of Hormuz is on their agenda and will be implemented as soon as necessary.

The threat comes hours after the United States bombed Iranian nuclear facilities, with the crisis shifting from military attacks to economic and energy levels. The Strait of Hormuz connects the Persian Gulf with the Gulf of Oman and the Arabian Sea and is the most important corridor for oil exports from countries such as Saudi Arabia, the United Arab Emirates, Iran and Iraq.

Western shipping headquarters are now also on alert. The United Kingdom Maritime Merchant Operations (UKMTO), the operational arm of the British Navy for merchant shipping, warned that the threat to American and Western merchant ships in the Red Sea and Gulf of Aden has increased to high risk.

If Iran proceeds with the closure of the Strait of Hormuz, it would be one of the most serious acts of strategic blackmail in the region in decades. Analysts predict a potential increase in international energy prices and subsequent economic and geopolitical consequences.

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