Iranian Foreign Minister Abbas Araghchi stated that maritime traffic through the Strait of Hormuz has been suspended because insurance companies are concerned about the war unleashed by the United States, not Iran's actions, UNN reports.
"Freedom of navigation cannot exist without freedom of trade. Respect both, or expect neither," Araghchi wrote on X. He added that further threats would not convince Iranians or insurers.
Recall
Iran announced the opening of the Strait of Hormuz to all ships except those associated with "enemies of Iran."