"The Strait of Hormuz is a choke point through which 20% of the world's oil passes, leading to significant geopolitical tensions between the U.S. and Iran."
"Washington sees the Strait of Hormuz as exclusively an international waterway, whereas Tehran views it as part of its territorial waters, creating a legal impasse."
"The United Nations Convention on the Law of the Sea, ratified by 171 countries, is not a basis for agreement between the U.S. and Iran due to their non-ratification."
The Strait of Hormuz is a critical maritime passage where 20% of the world's oil transits. The U.S. regards it as an international waterway, while Iran claims it as part of its territorial waters. This disagreement leads to conflicting actions, such as Iran's toll on ships and the U.S. blockade, both viewed as illegal by the opposing side. The situation is further complicated by the lack of ratification of the United Nations Convention on the Law of the Sea by both nations, hindering a legal framework for resolution.
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