Iran is ready to allow Japanese-related ships pass through the Strait of Hormuz, which the country has closed off for most nations across the world, Kyodo news reported, citing Iranian Foreign Minister Abbas Araghchi.
According to the report by the news agency, Tehran is in talks with Tokyo about possibly opening the strait — a vital artery for global oil supply. Araghchi made the revelation in a phone interview to Kyodo on Friday.
Neither Japan nor Iran have officially released a statement confirming this development.
Iran’s de facto blockade of the Strait of Hormuz has sent the world to a global oil supply shock that is being dubbed as the worst in decades, as the Middle East conflict almost enters its fourth week.
Most shipping traffic through the Strait of Hormuz has been halted since the beginning of March as the US attacked Iran early this month.
While Iran has argued that the Strait of Hormuz — a waterway for global oil and gas transport that supplies roughly one-fifth of the world’s crude oil — is open to everyone but the US and its allies, traffic on the route has drastically dropped. According to maritime data firm Lloyd’s List Intelligence cited by The Associated Press, about 90 vessels passed through the strait between 1 and 15 March. Ships have been approved on a case by case basis, as per a report by Al Jazeera.
The 90 ships that passed through the Strait of Hormuz during this time were mostly flagged to India, Pakistan or China, according to the Al Jazeera report. However, the numbers have slowed due to an increased risk of attacks.
Here is a list of countries that have successfully passed their vessels through the Strait of Hormuz as a blanket blockade threatens energy crisis across the globe —
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