Recent tensions in the Persian Gulf have raised concerns about Iran's potential to close the Strait of Hormuz, a critical oil transit route that carries about 20% of the world's oil supply. Analysts warn that such an action could lead to devastating economic consequences globally. While Iran's recent retaliatory measures have not targeted this strategic chokepoint, officials like EU's Kaja Kallas emphasize the dangers associated with any disruption. The Strait, connecting the Persian Gulf to the Arabian Sea, is crucial for oil deliveries, particularly to major economies in Asia.
"It would be extremely dangerous," Kaja Kallas, the EU high representative for foreign affairs and security policy, told reporters Monday.
"If Tehran decides to disrupt or shut the strait, it would be perilous," said Burcu Ozcelik, a senior research fellow in Middle East security at the Royal United Services Institute in London, England.
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