Iran’s Islamic Revolutionary Guard Corps (IRGC) has stated that the Strait of Hormuz is closed exclusively to vessels from the United States, Israel, Europe and their Western allies. The announcement was made through Iran’s state broadcaster IRIB. IRGC said ships from those countries could face military action if detected in the waterway, one of the world’s most critical oil transit routes. However, Tehran signalled that other nations—including major Asian importers such as India—may still be able to move energy cargoes through the Strait. The Hormuz corridor handles roughly a fifth of global crude flows, and any disruption has immediate implications for energy markets and shipping costs. Since the outbreak of hostilities, commercial traffic has sharply declined and oil prices have risen amid security concerns. For India, which relies heavily on Gulf crude supplies, the possibility of continued passage through Hormuz could help stabilise energy imports despite ongoing geopolitical tensions, as per a report.
Please visit our youtube channel https://www.youtube.com/@ikargos2719 for fortnightly logistics news analysis and more!