At the same time, they are also threatening to disrupt all commercial shipping in the Red Sea if the blockade continues.
In case you missed it, the US military had earlier in the day announce that it has now “fully implemented” a naval blockade on all Iranian ports. This even led to some murmurs about Iran exploring alternatives but that didn’t seem too viable. From earlier in the session: Iran reportedly to use alternative ports to bypass US blockade of Strait of Hormuz
With a second round of talks slated for tomorrow, the IRGC threat here is certainly an interesting one. That as you would assume that if a peace deal is on the cards, perhaps there is not much of a need to issue such a threat. However, perhaps it is just a bit of a show of force that they won’t so easily compromise on the situation.
I guess we’ll have to wait and see in due time.
For some context, the Gulf of Oman is located just outside the Strait of Hormuz and houses one of a key port in the UAE, namely the Fujairah Port. That among other major ports for oil and gas under Oman too. And it also covers around two major Iranian ports – namely the Chabahar Port and the Jask Port.
This article was written by Justin Low at investinglive.com.