Iran defends limits on Strait of Hormuz passage
Business
The Islamic Republic once again shut the strategic waterway due to what it described as US “piracy” Iran said the renewed restrictions on maritime traffic through the Strait of Hormuz are justified under international law and necessary to counter hostile actions, Foreign Ministry spokesman Esmail Baqaei has said in an interview with RT. Iranian military officials said on Saturday that Tehran had reasserted “strict control” over the strategic route, which carries about 20% of global oil, citing
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