Iran will declare a ‘prohibited zone’ near Hormuz in coming days: security chief
Iran’s top security chief Mohsen Rezaei on Sunday said his country would establish a “prohibited zone” near the strategic Strait of Hormuz, state media reported. “In the coming days, a prohibited zone will be announced outside the Strait of Hormuz. This zone will start from the US Navy’s blockade line and include areas of the Persian Gulf. Any ship entering this new zone will be placed on the…
Iran’s chief security official has announced plans to establish a prohibited zone near the crucial Strait of Hormuz in the coming days, according to state media. This zone, starting from the US Navy's blockade line, extends into the Persian Gulf, with any vessel entering it subject to being added to Iran's sanctions list. Simultaneously, Iran is adjusting fuel prices, with the cost of petrol for heavier consumers doubling from 3,000 to 10,000 tomans (approximately 4.5 US cents) starting September 8.
This move comes amid global sanctions imposed by the United States and its allies to isolate Iran's economy, following the US's withdrawal from a nuclear deal with Tehran in 2018. The Iranian rial's black market exchange rate has surged, surpassing 2.2 million rials against the US dollar, a significant jump from around 1.7 million rials in February and a record low of 1.8 million in late April.
These actions are part of a broader strategy to pressure Iran economically, aiming to hasten the end of the conflict with Israel.
Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
