Iran has warned that it could block vessels linked to countries or companies that use Tehran’s frozen assets to pay compensation for damages suffered by ships during recent tensions, escalating a dispute over the strategically important Strait of Hormuz.
Colonel Ebrahim Zolfaghari, spokesperson for Iran’s Khatam al-Anbiya Central Headquarters, said that any company or country accepting payments from Iran’s frozen funds under a proposed compensation arrangement would face restrictions on passing through the Strait of Hormuz.
The warning came after discussions over using Iranian assets held abroad to compensate vessels that Tehran claims were damaged while travelling through what it described as an unsafe route in the region. Iran has strongly opposed the use of its frozen assets for such payments, calling the move unlawful and warning of consequences.
The Strait of Hormuz, located between Iran and Oman, is one of the world’s most important maritime chokepoints, with a significant portion of global oil and gas shipments passing through the narrow waterway. Any disruption to shipping activity in the area could have major consequences for international energy markets and global trade.
Iran’s latest statement adds to growing tensions surrounding maritime security in the Gulf region. Tehran has repeatedly warned that it will respond to actions it considers threats to its national interests, while other countries have stressed the importance of maintaining freedom of navigation through international waterways.
The warning has raised fresh concerns among shipping companies and energy traders, who are closely monitoring developments around Hormuz. Any restrictions on vessel movement could increase risks for commercial shipping, raise insurance costs and affect global oil supply chains.
Meanwhile, diplomatic efforts have continued to find a way to reduce tensions and ensure safe passage for commercial vessels. Regional countries have been involved in discussions aimed at stabilising maritime movement and preventing further escalation.
For now, Iran’s warning remains a major concern for international shipping operators as governments assess the possible impact of any restrictions on one of the world’s busiest energy routes.
