Iran has issued a strong warning that any country making use of Tehran’s frozen assets will face consequences for transporting goods through the Strait of Hormuz, one of the world’s most critical maritime chokepoints.
The statement comes amid escalating tensions between Iran and Western nations, particularly the United States, over the nuclear program and economic sanctions. Iran accuses some countries of illegally using its frozen assets and has warned it will impose measures on vessels transiting the Strait of Hormuz.
Analysts say the move could disrupt global oil flows, as the Strait of Hormuz serves as a gateway for about 20% of the world’s oil. Iran has previously threatened to close the strait during various crises, though it has never fully done so.
Reactions from involved nations were not immediately available. However, experts caution that any action targeting the Strait of Hormuz could lead to military confrontation in an already volatile region.
