South Korea on Sunday urged Gulf States to help ensure theuninterrupted flow of energy supplies through the Strait of Hormuz, as tensionsin the Middle East threaten one of the world’s most critical shipping lanes.
The appeal comes as the Strait of Hormuz —a narrow passagelinking Gulf producers to global markets— has come under increased pressure.For several weeks, Iran has restricted movement through the maritime route,pushing energy prices to $109 a barrel.
Iran’s Supreme Leader Mojtaba Khamenei previously urgedarmed forces to continue operations linked to the “Strait of Hormuz closurefront,” framing the move as part of Iran’s response to the ongoing US-Israeliwar.
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