Who will bow to Iran’s blackmail?
As the US-Israel military confrontation with Iran rages on, the world’s attention turns to the strategic navigation route of the Strait of Hormuz, through which runs around 20% of oil transports.
Any disruption in these waterways can have a profoundly detrimental effect on the global oil trade, leading to higher prices, therefore causing ripples in the world economy.
It is therefore obvious why the Iranian Islamic Revolutionary Guard Corps (IRGC) has been threatening any cargo ships that attempt the crossing of Hormuz.
But today, the IRGC floated an unhinged statement saying that any Arab or European nation expelling US and Israeli ambassadors would gain ‘full authority and freedom’ to transit the Strait of Hormuz.
The statement, carried by state media, was first reported in the West by theWall Street Journal(behind a paywall).
Right after the statement, President Donald J. Trump threatened to intensify attacks if Iran stops the flow of oil through the Strait.
International Business Timesreported:
“The televised ultimatum attempts to use the world’s dependence on the crucial shipping lane to isolate Washington and Jerusalem. The demand comes as military strikes continue across the region, contrasting sharply with US President Donald Trump’s recent claims that the conflict is drawing to a close.
The Islamic Revolutionary Guard Corps outlined the new maritime policy during a broadcast on state television, placing a strict diplomatic price on regional navigation. Military officials stated that full authority and freedom to transit the waterway would be guaranteed to any nation willing to eject the specified ambassadors from their respective capitals.”
Source: The Gateway Pundit
