The Iranian parliament agrees to close the Strait of Hormuz – New Algeria

Agree Iranian Parliament On a draft resolution that allows the closure of the Strait of Hormuz, one of the most important marine corridors to export Oil In the world.

This step is an escalatory step that comes in light of increasing regional tensions.

This decision has not yet been enforced, as the approval of the Supreme Council of Iranian National Security, which is the authority responsible for making strategic and supreme security decisions in the country.

This decision carries many possible effects, similar to:

-Disorder in markets Energy World: Any step to close the Strait of Hormuz that would cause great tremors in the global energy markets and increase geopolitical tensions in the region.

Impact on oil exports: The Strait of Hormuz is a vital artery for the oil trademystification The global, through which about 20% of marine oil exports in the world pass through.

Reactions to the decision:

Bloomberg has warned of the closure of the marine corridor, noting that it may cause a significant increase in oil prices and withdraw investors to safe havens.

– The US Vice President: JD Verse stated that disrupting the movement of navigation in the Strait of Hormuz “will be a suicide” for Iran, noting that Washington received indirect messages from the Iranians in the hours that followed the American strike.

– Merck Company: It confirmed the continued crossing of its strait ships, noting that the movement of commercial ships is proceeding naturally.