Tuesday, 02 January 2024 12:17 GMT

Iran Says Hormuz Security at Risk Amid Restrictions on Oil Exports


(MENAFN) Iran’s First Vice President Mohammad Reza Aref issued a stark warning early Monday, saying security in the Strait of Hormuz cannot be assured if restrictions on Iran’s oil exports persist.

Posting on the platform owned by X, Aref said, “No one can restrict Iran’s oil exports while expecting free security for others.”

“The security of the Strait of Hormuz is not free,” he added.

He framed the situation as a global dilemma, stating that the world must choose between “a free oil market for all” or “significant costs for everyone.”

Aref further argued that stability in global energy prices hinges on “a guaranteed and lasting end to the economic and military pressure against Iran and its allies.”

Tensions have escalated sharply since Feb. 28, when the United States and Israel launched a joint military campaign against Iran. Tehran responded with retaliatory strikes targeting Israel and other countries in the region hosting US assets.

More than 3,300 people were killed in the hostilities before Washington and Tehran agreed to a two-week ceasefire on April 8, brokered by Pakistan.

Diplomatic efforts are now resuming, with a second round of negotiations set for Tuesday in Islamabad after earlier talks on April 11–12 failed to produce an agreement.

Meanwhile, the United States intensified pressure by imposing a naval blockade on Iran on April 13, further raising stakes in the already volatile region.

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