Explore the latest developments concerning Iran threatens to.
Iran threatens to block more trade routes as US launches fresh strikes
Iran has threatened to block further trading routes in the region, as the US launched a fresh wave of strikes on military targets.
Iran's Revolutionary Guards said the Strait of Hormuz would remain shut until the US ended its "acts of aggression". They also threatened to close off other regional oil and gas export channels.
The warning came as the US military's Central Command (Centcom) said it had carried out drone, air and navy strikes on Iran on Wednesday morning, following another seven-hour operation overnight.
Fresh hostilities between the US and Iran in recent days have served to underscore the strategic importance of the Strait to the global economy.
‘Grasping at straws’: Trump’s Hormuz toll thought bubble didn’t last long – but the ramifications will
Donald Trump’s preposterous proposal to take control of the Strait of Hormuz and charge a 20 per cent toll for the privilege of crossing safely lasted all of 24 hours.
It was always a non-starter – for one thing, a 20 per cent charge on the value of a ship’s cargo was a silly number, plucked from nowhere. It would have added about $US16 to the cost of a barrel of oil overnight, according to analysts.
Trump now says the US will protect the strait but Gulf countries that heavily depend on it – Saudi Arabia, Qatar, the United Arab Emirates, Kuwait and Bahrain – will invest more in the US to cover the costs of that protection.
ACEBEAM Titanium LED Flashlight Rider RX 2.0 Max 700 Lumens EDC AA Flashlight, Bolt-action Design IP68 Waterproof handby toy
The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.
For more detailed information, explore updates concerning Iran threatens to.
Leave a Reply