Iran's top security body, the SNSC, will decide on closing the Strait of Hormuz, a critical oil and gas chokepoint, after parliament's reported approval. A Revolutionary Guards commander stated the measure is "on the agenda," signaling escalating tensions.
Iran's Supreme National Security Council (SNSC) holds the ultimate authority in deciding whether to close the Strait of Hormuz, Iranian Press TV reported on Sunday. This follows reports that the Iranian parliament has approved such a measure amid escalating regional tensions.
The potential closure of the Strait of Hormuz, a critical maritime choke point through which approximately 20% of global oil and gas demand flows, is not yet a final decision. However, lawmaker and Revolutionary Guards Commander Esmail Kosari indicated to the Young Journalist Club on Sunday that the action is "on the agenda and will be done whenever necessary."
The SNSC is the highest decision-making body for national security affairs in Iran. While the Iranian parliament's reported approval signals a strong legislative stance, any decision by the SNSC would still require final confirmation from the Supreme Leader, Ali Khamenei, to become effective.
The prospect of the Strait's closure has significant implications for global energy markets. Experts warn that any disruption to this vital shipping lane could lead to a sharp increase in oil and gas prices and have broader economic consequences worldwide. Previous threats by Iran to close the Strait of Hormuz have not been carried out, as the country also relies on the waterway for its own energy exports. However, the current heightened tensions in the region are raising concerns about a potential escalation.
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