Iran Foreign Minister Araghchi tells UN Secretary General Guterres that Iran affirms its determination and will continue the legitimate defence of the security and sovereignty and territorial integrity

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Iran Foreign Minister Araghchi tells UN Secretary General Guterres that Iran affirms its determination and will continue the legitimate defence of the security and sovereignty and territorial integrity

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Says

  • We criticize the positions and demands of some unilateral parties on Iran to exercise restraint and stop the war.
  • The obvious fact should not be ignored, which is that America and the Israeli entity carried out their aggression and imposed war on the region and the world.
  • The current state of insecurity in the Strait of Hormuz is a direct result of lawbreaking and American-Zionist aggression.
  • Preventing the passage of ships belonging to or linked to the enemy and its allies is a legal right for Iran as a coastal state.
  • Our competent authorities, aware of their responsibilities in ensuring the safety and security of navigation in this waterway, have taken the necessary measures.
  • We demand serious action and clear and categorical positions by the United Nations to carry out its inherent duty to maintain international peace and security.

Context

Iran's Foreign Minister Araghchi's statements highlight rising tensions in the region, particularly regarding the Strait of Hormuz, a critical waterway for oil transit. His comments assert Iran's defensive posture and could imply potential threats to maritime security, which may lead to volatility in oil prices and impact currency flows, particularly for USD and commodities like gold and WTI. Investors should be cautious of escalations that could affect regional stability and energy markets.

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