Summary
- Iran said shipping arrangements in the Strait of Hormuz will not return to their prewar state.
- Ali Nikzad, deputy speaker of Iran’s parliament, said there is no military solution to reopen the Strait of Hormuz.
- Only shipping lanes agreed by Iran and Oman will be recognized, and vessels must follow transit routes designated by Iran’s military.
Iran said shipping arrangements in the Strait of Hormuz will not return to their prewar state.
Walter Bloomberg, an overseas markets news feed, reported on X on August 10 that Iran had reaffirmed its existing position on operations in the Strait of Hormuz.
Ali Nikzad, deputy speaker of Iran’s parliament, said there is no military solution to reopen the Strait of Hormuz. Only shipping lanes agreed by Iran and Oman will be recognized.
Iran is also maintaining its position that vessels must follow transit routes designated by its military.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.