The Strait of Hormuz is facing renewed uncertainty as the US prepares a major new package of sanctions against Iran.
US Treasury Secretary Scott Bessent has described the planned measures as an “economic D-Day”, saying the US aims to put unprecedented financial pressure on Iran.
However, Tehran has warned that any countries helping Washington could face retaliation, with Iran’s security chief, Mohsen Rezaei, stating that the country would respond if the US goes ahead with the measures.
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Amongst other measures, Iran warned vessels using the strait that they could face restrictions, fines, detention or confiscation if they do not follow arrangements for passing through the waterway.
He also warned Gulf countries against supporting Washington’s economic campaign.
Rezaei said that if neighbouring countries joined the US effort, Iran could prevent oil from leaving the Persian Gulf and the Strait of Hormuz, while also targeting other oil export routes.
Meanwhile, diplomatic efforts are continuing. It is understood this week, Iran is expected to receive delegations from Pakistan and Oman as discussions continue over the Strait of Hormuz and wider disagreements with the US.
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