Iranian Parliament Speaker Warns of Global Oil Market Disruption if Iran's Exports are Blocked

Deep News02:20

Iran's Parliament Speaker, Mohammad Bagher Ghalibaf, has issued a stark warning on social media platform X. He stated the logic of the current situation is clear: either all nations can sell oil, or no one can. He asserted that if Iran is prevented from selling oil in the region, then no other country should expect to sell theirs either.

Ghalibaf emphasized that Iran's security is paramount, declaring that if Iran's security is not guaranteed, then no infrastructure in the region can be considered safe.

He further linked regional stability directly to the presence of foreign forces, stating that the security of the Strait of Hormuz is contingent upon the United States military not being stationed in the area.

In conclusion, the Parliament Speaker reiterated that the situation in the Strait of Hormuz will not return to its pre-conflict state, signaling a lasting change in the regional security paradigm.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment