Iran's Strait of Hormuz Policy: Safe Navigation Amid Tensions

0:00Global story is making news on March 12th. Iran's foreign ministry now requires all ships passing through the Strait of Hormuz to coordinate with the Iranian Navy for security reasons. This comes amid rising tensions, as the country's new supreme leader, Mojtaba Kamenay, vowed to keep the vital waterway shed as leverage against the United States and Israel. Earlier this week, spokesperson Esme El-Baghay stressed that Iran's long coastlines along the Persian Gulf in Sea of Oman make it responsible for, protecting the Strait. He said the insecurity stems from actions by the U.S. and Israel, but Iran wants to maintain safe passage through coordination. Meanwhile, Kamenay urged Iran's neighbors to close U.S. military bases on their soil and warned of continued strikes against them. These are his first public comments since succeeding his father. The news has rattled global markets, pushing oil prices back above $100 a barrel. Fears of a drawn out disruption to energy supplies reversed earlier drops based on hopes

1:03for a quick resolution. According to officials, Iran sees the Strait's security as tied directly to its own national interests, and this policy aims to ensure safe navigation, while the regional conflict drags on. This DNN story comes to you thanks to our sponsor. When you need a moment alone, just lay back and listen, S-O-L-I-S-O-L-E-P-L-O.com.