Iranian Army Spokesman says countries complying with U.S. sanctions will face problems in the Strait of Hormuz.
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Iranian Army Spokesman Mohammad Akraminya said countries that comply with U.S. sanctions against Tehran will face difficulties passing through the Strait of Hormuz.
Iran's government signaled it will use its regional influence against countries complying with U.S. sanctions. The Strait of Hormuz is a critical chokepoint for global energy trade, and blocking passage could impact the global economy.
Tensions are rising in the region following the remarks. International shipping traffic has begun expressing concern over these statements.
Iran's Army Spokesperson threatened that countries complying with U.S. sanctions would face transit problems in the Strait of Hormuz. Since one-fifth of global oil trade passes through this strait, the threat could directly impact global energy supply.
Any restriction in the Strait of Hormuz would immediately raise oil prices and increase your fuel costs. If passage through the strait is blocked, electricity and gasoline prices in your country could change rapidly, as the world's most important energy corridor would be closed.