Iran's military spokesperson has reiterated that while Tehran will not obstruct maritime traffic in the Strait of Hormuz, it will hold U.S. and Israeli vessels accountable for their safety. This statement comes amid an increase in tensions due to Iran's recent strikes on Gulf energy sites, which have rattled global markets and raised fears of a recession. The situation has led to significant disruptions in oil supply chains, with many merchant ships stranded and insurance companies reassessing coverage due to heightened risks.
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Strait of Hormuz Maritime Traffic Crisis Amid U.S.-Iran Tensions
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Iran asserts it will not close the Strait of Hormuz but warns of targeting U.S. and Israeli ships. Ongoing strikes in the Gulf raise energy supply concerns, while threats to water desalination plants exacerbate food security issues for Gulf states.
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