Trump's Strait of Hormuz blockade hits Iran's oil trade
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Trump's Strait of Hormuz blockade hits Iran's oil trade
"The blockade would sever Iran's main source of revenue by halting its nearly 2 million barrel-per-day oil export trade, which Trump is betting will force Tehran back to the negotiating table."
"No one who pays an illegal toll will have safe passage on the high seas, Trump wrote on Truth Social, adding that the US Navy would also begin destroying the mines the Iranians laid in the strait."
"The operation, which began on Monday, was announced with a notice to mariners, stating that any vessel entering or departing the blockaded area without authorization is subject to interception, diversion and capture."
The US Navy plans to enforce a blockade on Iranian ports via the Strait of Hormuz following failed peace talks. This blockade aims to halt Iran's oil exports, which are nearly 2 million barrels per day, significantly impacting its revenue. President Trump stated that the blockade would prevent Iran from charging tolls for safe passage and would involve destroying mines laid by Iran. The operation will not affect vessels traveling to non-Iranian ports, and any unauthorized vessel entering the blockaded area may face interception.
Read at www.dw.com
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