Iran plans new 'exclusion zone' near Strait of Hormuz
A senior Iranian official says the government plans to announce an "exclusion zone" outside the Strait of Hormuz.
- Why it matters
- An exclusion zone restricts movement through or near a critical waterway through which roughly one-fifth of global oil shipments pass, potentially disrupting energy markets and shipping routes.
- Most affected
- Oil tankers and commercial vessels transiting the Strait of Hormuz — May face new restrictions or requirements to navigate the area.
Oil and energy markets — Potential supply disruptions if shipping is impeded. - Likely next
- Whether Iran formally announces the exclusion zone and what specific boundaries and restrictions it sets.