Iran's foreign minister stated the Strait of Hormuz will only be closed to "tankers and ships of enemies and their allies," according to state media.

Mar 14, 2026, 3:05:45 PM UTC(4 hours ago)
Impact: Very High

Affected Assets

  • Iran's foreign minister stated the Strait of Hormuz will only be closed to "tankers and ships of enemies and their allies," according to state media.
  • Iran's foreign minister stated the Strait of Hormuz will only be closed to "tankers and ships of enemies and their allies," according to state media.
  • The Strait of Hormuz is a critical maritime passage, with a fifth of global crude oil and natural gas shipments transiting through it.
  • Recent reports indicate Iran has allowed Indian ships safe passage through the Strait amid ongoing tensions.
  • Iran has extensive capabilities to launch attacks in the Strait, including midget submarines and mine-laying submersibles.
  • The announcement comes amid an ongoing conflict in West Asia, with oil prices potentially impacted.

Sources

IRAN'S FOREIGN MINISTER SAYS HORMUZ STRAIT IS ONLY CLOSED FOR 'TANKERS AND SHIPS OF ENEMIES AND THEIR ALLIES' - STATE MEDIA
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Iran's foreign minister stated the Strait of Hormuz will only be closed to "tankers and ships of enemies and their allies," according to state media. | Foxly Invest