Eron set four main conditions for opening the Strait of Hormuz

Officials of the Islamic Republic of Iran have announced a number of important conditions for the full opening of the Hormuz Strait. This was reported by Zamin.uz.

These conditions are crucial in ensuring international peace and stability. Firstly, it is required that all economic sanctions imposed against Iran be guaranteed to be lifted.

According to the second condition, the United States military bases located in the Persian Gulf must be withdrawn from the region. Thirdly, Iran's assets frozen in the international financial system must be fully returned.

The fourth and most important condition is to abandon the use of the dollar currency in oil trade and switch to other currencies. After tensions escalated between the US, Israel, and Iran, Tehran almost blocked the Hormuz Strait.

This strategically important waterway is the only main route for Persian Gulf countries to export oil, its products, and liquefied natural gas. Approximately twenty percent of the world's oil supply is transported through this strait.

The closure of the strait could have led to an increase in oil prices on the international market and serious difficulties in energy supply. Currently, the Iranian side states that it is ready to fully restore the oil flow only after these conditions are met.

The international community is closely monitoring this situation and assessing the impact of the agreement reached on the global economy.