Parliament of Iran requests closure of the Strait of Ormuz, an excerpt responsible for the transit of 20% of oil traffic

THE Iran made the first retaliation to the attacks of United States Against nuclear facilities -Fordow, Natanz and Isfahan -but it was not an arms response, on the contrary, it was economical. This is because the Parliament of Iran requested, this Sunday (22), the closure of the Strait of Ormuz, where 20% of world traffic traffic by sea. The decision, however, is not yet valid, as it depends on the approval of the Supreme National Security Council, a body composed of the president of Iran, Masoud Pezeshkian, several ministers, three representatives of the supreme leader and figures of the country’s security forces. In an interview with state television “Press TV”, General Esmaeil Kousari, a member of the Parliament Safety Committee, said the House “reached consensus” to block the strategic Strait of Ormuz. It was unclear whether the decision to close the important sea passage was taken throughout the parliament or just the committee of which Kousari is part.

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Worldwide impact

About 20% of world oil circulates through the Strait of Ormuz, a narrow sea pass between Iran and Oman, which Iranian authorities have threatened several times to block it in response to tensions with the United States and other Western nations. Since Friday (20), the price of oil has already recorded strong high, with a leap of 8%. The Brent barrel, which is regarded as a global reference, for example, rose 13.5%. It left US $ 69.36 on June 12, to $ 78.74 on the 19th. WTI, the US reference, increased by 10.9%, jumping from $ 66.64 to $ 73.88. Despite being between Iran and Oman, it is the United States that are responsible for protecting commercial navigation in Ormuz Strait. The region is monitored by the 5th American Navy fleet, based on Bahrain.

Known from The World Traffic Artery of Oil, Strait of Ormuz connects the Persian Gulf (north) with the Gulf of Oman (south), and “flow” in the Sea of ​​Arabia, and about one fifth of all world consumption goes through the narrow. From the beginning of 2022 until May this year, approximately 17.8 to 20.8 million barrels per day of gross oil. Ormuz is 33 km wide, with navigation channels of only 3 km in each direction. When the conflict was climbing and the price of oil rose, analysts said “OPEC+ countries have a considerable reserve production capacity, estimated by AIE at 5.5 million barrels a day” that could “compensate for the loss of Iranian oil supply, but not a lock of Ormuz Strait.”

Climbing of the conflict

Israel And Iran have been exchanged daily attacks with missiles and drones since the dawn on the 13th, when the Jewish state has launched bombing against Iranian military and nuclear facilities, resulting in the deaths of several high military commanders. The situation climbed the US bombing, at dawn on Sunday, Saturday night, three Iranian nuclear facilities: Fordow, Natanz and Isfahan, in those who are the first American bombings amid the conflict between Israel and Iran.

The action made the tension even greater and, this Sunday, was recorded Israeli attacks against two military targets in the province of Bushehr, which houses the only Iranian nuclear plant, and an electric plant in Yazd, while in Isfahan, defense systems were activated in order to intercept hostile targets in the region. The Jewish state has attacked military, civil and nuclear facilities, as well as hospitals and residential areas. In these attacks, 430 people died and about 3,500 were injured, mostly civilians in Iran, while in Israel 24 deaths were recorded.

*With information from EFE