The Iranian authorities have announced the temporary closure of the Strait of Hormuz, which is the most important waterway for the global economy, due to large-scale military exercises. This is the first time Tehran has officially notified the international community about a complete blockade of this strategic route for live-fire drills, according to information provided by the Associated Press. Previously, similar maneuvers were limited to warnings about navigational risks and did not lead to a full blockade.
The Strait of Hormuz plays a key role in global energy, as about 20% of the total volume of world oil consumption and a significant share of liquefied natural gas pass through it. Oil market analysts note that any disruption of shipping in this area instantly affects global prices. In response to news of the closure of the strait, the price of Brent crude oil in international markets has already shown a sharp increase.
The Iranian military exercises are taking place amid ongoing tensions in the region. The Iranian military command states that the maneuvers are aimed at testing the readiness of missile systems and naval forces. The Fifth Fleet of the U.S. Navy, based in Bahrain, has confirmed that it is monitoring the situation. Western defense agencies emphasize that free passage through the strait is protected by international law, and its blockade creates a dangerous precedent, threatening global security and world trade.
