On the 20th, Iran's First Vice President Aref posted on social media saying that it is not possible to both restrict Iran's oil exports and expect other countries to enjoy 'free security' navigation in the Strait of Hormuz.
Aref said, 'Security in the Strait of Hormuz is not free,' and 'The choice is obvious: either (ensure) a free oil market open to all countries, or (bear) the risk of everyone paying a huge price.'
Aref also said that the stability of global fuel prices depends on whether the economic and military pressures imposed on Iran and its allies can be guaranteed a lasting and complete end.
On the 17th, Iran announced that it was opening the Strait of Hormuz to merchant ships, but on the 18th announced that in light of the U.S. not lifting its maritime blockade against Iran, Iran was resuming its control over passage through the Strait of Hormuz.
Aref also said that the stability of global fuel prices depends on whether the economic and military pressures imposed on Iran and its allies can be guaranteed a lasting and complete end.
On the 17th, Iran announced that it was opening the Strait of Hormuz to merchant ships, but on the 18th announced that in light of the U.S. not lifting its maritime blockade against Iran, Iran was resuming its control over passage through the Strait of Hormuz.