Iran's foreign minister, Abbas Araghchi, announced on Telegram that the strait is "open to all, except for American ships and those of their allies."
The US is insisting their vessels, along with Israel's or other allies, should be allowed to navigate through the strait, but Iran is holding firm on their stance. This could escalate tensions with the US, especially since they've threatened more destruction in Iran. It doesn't look like this conflict is going to wrap up anytime soon. If the strait really is open, it might help out some countries that aren't directly involved in this mess. But honestly, can they even navigate through the strait with all this chaos happening?
Even with what was said, it feels like we’re in a tight spot and just waiting for oil prices to keep climbing.
The only problem is they keep doing the opposite of what they are announcing on their press statement like they will not attack ship that doesnt passed the strait yet they start bombing trap oil ship.
Its still too risky to follow this announcement considering theres potential mines planted on the sea especially on the narrow part of the Strait of Hormuz.
True, and I also think the only ship that they can willingly allow to pass the strait of Harmouz are Russian, China and Indian ships because China and Russia are strong allies who provide strong logistics and military arm support for them.
It will be quite hard for others country to pass that's place especially those who trade with US dollar. Iran are not willingly to negotiate with any country as off now, and it might continue till God knows. Fuel prices has increased Massively in my country.
Some online media outlets have made quite surprising statements, stating that Iran is willing to open the strait if each country is willing to withdraw its US-Israel ambassadors. I also read that Iran is demanding payment for oil in yuan. Whether this news is true or not, I don't fully know, as many online media outlets have reported on it. This strait plays a crucial role in the global economy and if tensions continue and the strait is completely closed, the global oil supply will certainly be quite problematic, as I have seen our country feel the impact of this issue.
Most people are starting to panic, fearing that oil will become scarce and its price will rise, although so far in my country there has been no indication from the government that the price will be raised. We hope the war will end as it has a significant impact on economic growth. Energy sources are currently quite dependent on oil and a prolonged war could negatively impact economic growth.
Yes I think too because Oil companies that have their ships pass through that route will not want to take the risk of an explosion and losing their products as well as their ship, so for now considering that there's crisis along that route they may choose to play it safe and totally stop shipments through that route. Oil prices will not drop because of this news, in fact it is likely for us to see the price of one barrel of oil get to $200 if the crisis escalates further.
How long do you think this will last? Iran should look for other strategy to fight this war and allow the free flow oil vessels. I don't like their strategy of keeping the entire world hostage because of this war. But one thing am sure is that the US and other countries that are affected will not fold their arms for long and watch Iran continue to restrain movements within the Strait of Hormuz. They are suffering people unnecessarily. Both people that support the war and those that doesn't support are suffering. Closing the Strait of Hormuz is not helping them win the war either. Nobody is saying don't fight your war, but trying to hold the entire world to hostage is what I don't like.
The global impact of these Iran's closure of it's strait is affecting oil price globally making nations that have nothing to do with the war to suffer, fuel price in my country is skyrocketing. My country's shylock oil marketers are using this opportunity to further increase the sufferings of the ordinary Nigerians by hiking fuel price, Nigeria, is not supposed to be affected very much by these Iranian strait closure because we are an oil producing country but they will use every opportunity to enrich themselves more. If Iran, opens their strait with stringent conditions it means that the war is far from over.
The point to think about here is who are America's allies?
If you look closely, you will see that Iran is attacking various countries in the Middle East, meaning that Iran considers most of the countries in the Middle East as America's allies. And most of the trade from the Middle East is conducted through the Strait of Hormuz. If America's allies are excluded, then the Strait of Hormuz being open to Russia, China and North Korea means free oil exports from Russia, and I have also heard that they are opening the Strait of Hormuz on the condition that trade transactions be made in Chinese currency instead of dollars.
I understand the point your making, because in this kind of risky situation around the strait of Hormuz speaking and taking action don't mean same thing we all know that it clearly means different things, that's why so many trading and shipping companies are very careful this period. Even though it been announced that ships can pass safely, the fear or risk of attack or sea mines is still there that's why people don't just succumb to words alone. In this kind of situation there should always be caution and safety which is the first thing that should always come
Iran has also been held hostage for years because many countries have formed coalitions or succumbed to US threats. Iran only prohibits ships from countries it deems unfriendly. They have offered at least three alternative policies to allow these ships to pass, especially those that tend to side with the enemy.
Better to stay away or be on the safe side instead of taking risk and we never know if luck will permit and allow you to pass, like what you just mentioned, they announcing something but they do the other way, so why taking risk if you are not 100% sure that nothing will happen, a business that accompanied by danger and risk.
The war is still ongoing, though there are some news tha there are some ships who was able to pass and manage to get oil, but it's still a tough decision as you are gambling with your life and your business.
No, it is not open and you've answered your own question in the first line of the post. Let's remember that just two weeks ago the whole region was operating normally until Israel and America attacked Iran out of the blue. Any nation on earth would rightly use whatever tools they have available to defend themselves from unwarranted aggression and that is exactly what Iran is doing. America hasn't even defined what they are seeking or what outcome will get them to stop attacking, Trump is a walking disaster for the world right now who is simply trying to distract from the Epstein files. The whole situation is a gigantic clusterfuck and the longer America/Israel keep attacking the longer fuel prices will go up along with inflation. There seems to be no stated goal or aim for hostilities to subside right now, both these senile older leaders are just trying to cling on to their political careers.
It's not even about "who are America's allies?", it's about "who does Iran considers to be America's allies". So imho it can easily be anyone, depending of luck and circumstances.
And even more, the blockade is not only about who is Iran letting pass or not, no, it's also about insurances.
Imho as long as the "rules of passage" are not crystal clear, the insurance companies may not accept the insurance for the ships trying to pass, so they may do it on their own risk. And I don't think that many are insane enough to do that. Imho this "financial" blockade is even more powerful than the "armed" blockade.
No tankers will take the risks of going to the Strait when Iran is in retaliatory mode. When you have mines on that strait, it will explode regardless of whether it's the US allies or not. We don't know if they are truthful or honest in their announcement.
Remember earlier, they launch attacks on countries that have nothing to do with their war, and they ask for an excuse for doing so. The Strait of Hormuz is still a dangerous passage as long as there is no ceasefire or one party already gives up the fight, but neither of them wants to back down.
What are the countries they attacked that has nothing to do with war? US is the one is invading a country that has nothing to do with them. Media manipulates the people, Iran attacked the US bases in those middle eastern countries not the civilians even though there could be some collateral damage but Irael is the one targetting the school, hospital and other places where civilians will gather.
Trump already knew that they would close this strait, and everyone who was smart enough knew about this. I saw a tweet made by Trump back in 2011 when he said in a war against Iran, they would definitely close this strait and the price would shoot to $300/b.
We are not stuck in this war. We are not that dumb, but the way the media is showing it, or truth tellers are showing it, he looks dumb. But never underestimate anyone, they have smart people, and Iran knows that. But the reality is other countries are getting affected. Everyone is buying everything at higher prices because of this war. Iran is giving them a hard time, and at least that's great, because war was not a solution to a threat that doesn't even exist.
It is risky for anyone to pass through it. The risk is real too because in videos it can be seen they are using some kind of missiles that are remotely controlled like drones, and they are in the water. It is not an advanced technology though but still effective at the moment, and the war minister of the US made a really funny comment too a few days ago that the Strait of Hormuz is open, but Iran is bombing ships that have been passing by. Haha I mean really, he said that.
Bro if they are bombing that means they are keeping it closed. Although the US has asked everyone to secure it, like even China I heard haha. Anyway, I am sure it will be opened in a few weeks if not in days.
If the Strait of Hormuz was open, all ships would easily and freely be passing through and oil prices around the earth will not be affected. But as it is, Iran has and is still threatening any ships affiliated to the US, Isreal and their allies from passing through safely. Understandably so, a lot of tanker ships are hesistant, queued up and waiting for some sort of signal/reassurance to be able to pass freely. This has caused a gridlock as a lot of ships are somewhat stranded as they all wait to pass. I had read earlier on Twitter on how Trump has floated protection for ships passing through from the US Navy but so far, it hasn't come to frution and a once busy route daily for ships has now very few crossings.
The Strait of Hormuz seems to be one of the strong "weapons" Iran is using to fight their enemies. They understand how beneficial that route is to numerous countries. The restrictions on that route is already causing issues in various countries and it doesn't seem to me that Iran is really ready to allow free passage at the Strait of Hormuz. We should judge Iran by their body language and not by their words. If they claim the Strait is now open, then everyone should be free to pass through without any restriction on few countries. For, now the route is still very risky to follow. To me, it is not open yet.
Donald Trump claimed that they have neutralized 100% of Iran's military power but what i don't understand is why he called on the countries that got affected as a result of the closure of the strait of hormuz to send their War Ships in order to ensure that the strait of hormuz is open and safe for tankers to pass through. If truly they have destabilized Iran's military why can't they just send their War Ship alone instead of trying to involve the other countries. I think there is actually something that Donald Trump is afraid of but doesn't want to say it out.