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Iran threatens to block all Gulf oil exports if US economic pressure continues

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Iran threatens to block all Gulf oil exports if US economic pressure continues

Iran's top security official Mohsen Rezaei said Tehran will block all oil exports from the Persian Gulf if Washington continues its economic war. The statement came as the US Treasury prepares to unveil new restrictions on August 24. Iran also published a list of vessels it considers violators of Hormuz transit rules, warning of fines, detention and confiscation.

Key Facts

  • Mohsen Rezaei, secretary of Iran's Supreme National Security Council, said Tehran will block all oil exports from the Persian Gulf if the US economic war continues.
  • Iran's Persian Gulf Shipping Administration (PGSA) published a list of vessels it considers violators of Hormuz transit rules and warned of fines, detention and confiscation.
  • The US Treasury is set to unveil new restrictions on Iran on August 24, according to Treasury Secretary Scott Bessent.
  • Axios reported on August 19 that the US military secretly established a maritime route through the Strait of Hormuz, moving 15-20 tankers nightly and supplying about 10 million barrels of oil per day.
  • Rezaei claimed the US economic war has removed about 1,200 tankers from global trade circulation and sharply increased fuel and transport costs.

Iranian Threat

Mohsen Rezaei, secretary of Iran's Supreme National Security Council, said Tehran will block all oil exports from the Persian Gulf if Washington continues its economic war. He warned that any country cooperating with the US economic blockade of Iran would be treated as an act of war. Rezaei said Iran would not allow a single drop of oil to leave the Persian Gulf if the blockade continues. He cited media-reported economic data claiming the US war against Iran has removed about 1,200 tankers from global trade circulation.

Vessel Restrictions

Iran's Persian Gulf Shipping Administration (PGSA) announced on August 23 that vessels violating Hormuz transit rules will face restrictions on future passages, including fines, detention and possible confiscation. The agency published a list of non-compliant vessels on its website and instructed cargo owners shipping to or from the Persian Gulf to review the list before chartering. PGSA warned that any vessel interacting with listed ships would also be added to the list.

US Maritime Corridor

Axios reported on August 19 that the US military secretly established a maritime route through the Strait of Hormuz, allowing daily transport of millions of barrels of oil. According to the report, 15-20 tankers pass through a southern channel off the coast of Oman each night, supplying about 10 million barrels of oil to the global market. US officials from President Donald Trump's administration said the shipments have a substantial impact on the global oil market.