12 Hrs
Source:
CNN Arabic
Iran's Reaction to EU Sanctions over Strait of Hormuz
Iran stated that it will continue to maintain control over the Strait of Hormuz, following the European Union's imposition of sanctions on Iranian individuals and entities that restrict navigation in the waterway. Iran described the European measures as "misleading," reaffirming its sovereign rights over the strait. Amid stalled peace talks between Washington and Tehran, maritime traffic through the strait has decreased, a crucial passage through which 20% of the world's oil flows.
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