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Tuesday, March 21, 2023

Iran threatens to close Strait of Hormuz oil route

EditorialIran threatens to close Strait of Hormuz oil route

Tehran (Times Of Ocean)- Iranian newspaper says we must block oil shipments route from the Strait of Hormuz, exporting to South Korea.

In an Op-Ed, Kayhan Newspaper, the echo chamber of the Islamic Republic’s Supreme Leader Ali Khamenei, has called on Iran’s Revolutionary Guards (IRGC) to close the strategic Strait of Hormuz to block routes of vessels carrying oil shipments to South Korea.

Iran has once again threatened to close the Strait of Hormuz in response to the freezing of Iranian assets in South Korea.

Keyhan’s chief editor, Hussein Shariatmadari wants to block close the most vital oil-trading route – located between Iran and Oman – so that nobody can export oil to South Korea.

Iran’s assets — about $7 billion — are frozen in two South Korean banks, which can’t be moved because of US sanctions.

Shariatmadari stated the nations which comply with US wishes and obey the sanctions imposed on the Islamic Republic of Iran should not be spared the consequences and high costs of their actions.

“Let’s start imposing sanctions on South Korea.” Hussein Shariatmadari

“As long as they do not release our assets, we can and should close the Strait of Hormuz to South Korean merchant ships and tankers, as well as to all vessels carrying goods or oil to or from South Korea,” he wrote.

“We should not allow them to cross the Strait of Hormuz.”

Iran has repeatedly threatened that it may close a vital oil-trade route if the West imposes more sanctions over its controversial nuclear programme.

It was last in 2019 that Iran threatened to block the Strait of Hormuz if it could no longer export oil through the Persian Gulf waterway.

“If we are prevented from using it, we will close it,” Ali Reza Tengseiri, commander of Iran’s Revolutionary Guard Corps naval force, was quoted as saying by Iran’s Fars News Agency in 2019. “If there is any threat… to Iranian waters, we will not hesitate to respond.”

Iran repeatedly warned that “not a drop of oil will pass through the Strait of Hormuz” if sanctions are widened.

In 2011, then-Iran’s navy chief Admiral Habibollah Sayari claimed closing the strait would be “easy”.

FTO-IRGC threatens Azerbaijan and Turkey with its missiles

During the past week, Iran’s IRGC seized two foreign vessels loaded with smuggled diesel in the Persian Gulf waters, Times Of Ocean quoted Iranian news agencies.

Iran’s media say the Commandos with the naval force of Iran’s Islamic Revolutionary Guard Corps have seized two foreign ships in the Persian Gulf, which were carrying more than 500,000 liters of “smuggled fuel”.

Over the past years, Iran has seized dozens of tankers, merchant vessels, and ships sailing in the regional waters in retaliation against Western financial sanctions.

IRGC guards ambush tankers sailing in the Persian Gulf near Iran’s shores to seize them.

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