BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
World

More than 20 countries say want to contribute to efforts for safe passage in Hormuz strait

  • Iran’s of the Strait of Hormuz, through which 20 percent of the world’s oil and gas normally flows
Published Updated
By

DUBAI: More than 20 countries on Saturday said they would contribute to efforts ensuring safe passage in the Strait of Hormuz, condemning Iran’s closure of the vital waterway.

“We condemn in the strongest terms recent attacks by Iran on unarmed commercial vessels in the Gulf, attacks on civilian infrastructure including oil and gas installations, and the de facto closure of the Strait of Hormuz by Iranian forces,” said the 22 countries, mostly European but also including the UAE and Bahrain.

“We express our readiness to contribute to appropriate efforts to ensure safe passage through the Strait. We welcome the commitment of nations who are engaging in preparatory planning,” they said in a joint statement.

READ MORE: Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources say

After the US and Israel launched attacks on Iran on February 28, Tehran has retaliated with strikes on its Gulf neighbours but also on vessels in the strait.

From March 1 to 19, commodities carriers made just 116 crossings, according to analytics firm Kpler – a decrease of 95 percent from peacetime averages.

Iran’s de facto blockade of the Strait of Hormuz, through which 20 percent of the world’s oil and gas normally flows, and the numerous attacks on oil and gas infrastructure in the Middle East, have sent energy prices soaring.

“We call for an immediate comprehensive moratorium on attacks on civilian infrastructure, including oil and gas installations,” the countries added.

Comments

Comments are closed for this article.