Iraq warns has raised serious concerns about the ongoing regional tensions. Deputy Prime Minister and Foreign Minister Fuad Hussein warned that military actions by Israel and Iran may close the Strait of Hormuz. This key waterway allows millions of oil barrels to pass daily from the Gulf.
If the strait closes, it could stop nearly five million barrels of oil each day from reaching global markets. Such a disruption would quickly impact oil prices and global supply chains. Iraq fears that the Strait of Hormuz oil threat will cause severe economic consequences for the region and beyond.
The Strait of Hormuz remains vital to global energy security. Iraq warns It serves as a narrow chokepoint through which a large share of the world’s oil flows. Iraq depends on stable navigation through this waterway for trade and oil exports.
Foreign Minister Hussein urged all parties to reduce military operations and avoid any moves that could block the strait. He highlighted that peace and dialogue must guide the region’s leaders during this critical time.
He also stressed Iraq’s commitment to regional stability. According to him, Iraq wants to play a role in easing tensions through diplomacy. The government believes political efforts can prevent the Strait of Hormuz oil threat from becoming a reality.
Energy markets already feel pressure from the rising risks in the Gulf. Iraq warns Investors and governments are closely watching developments. Any further escalation may force oil prices to surge.
Countries that rely heavily on oil from the Gulf could face shortages. Shipping companies may also divert routes, leading to longer transit times and increased costs. Iraq continues to call for calm, cooperation, and focus on peaceful solutions.
The Iraqi foreign minister repeated that only diplomacy can stop further conflict. Iraq aims to protect its national interests while supporting wider regional peace. The Strait of Hormuz oil threat remains a real risk unless nations act wisely.