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RichMORPHO6089

10:29 PM Mar 24, 2026
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Iran: 'Only non-hostile vessels will be allowed to transit the Strait of Hormuz'
Iran said it will allow passage through the Strait of Hormuz only for non-hostile vessels that have been pre-coordinated. It said the Strait of Hormuz, through which about 20% of global crude oil volumes pass, has been effectively blockaded, leaving about 3,200 vessels stranded in Gulf waters. It said the blockade is seen as intended to trigger a global energy shock and weaken the United States’ and Israel’s resolve to wage war.
