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Safe passage through the Strait of Hormuz will be ensured when US threats end and new routes are put in place, Iran’s Islamic Revolutionary Guard Corps (IRGC) said, after the US said it was temporarily suspending rescue operations for ships stranded in the strait.
The IRGC’s statement posted on X Wednesday did not specify what the new policies entail. It thanked the owners and operators of the ships for respecting the laws of Iran while passing through the strait.
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The announcement comes a day after US President Donald Trump suspended the military’s “Project Freedom” operation to guide stranded ships through the waterway.
On Tuesday, the US president said he would do so briefly to stop the workciting “significant progress” towards a comprehensive agreement with Iran, and that it came at the request of the mediator Pakistan. The US naval blockade of Hormuz, however, remains in effect, Trump said.
In a social media post on Wednesday, Trump said the war could end if “Iran agrees to deliver what it agreed to”.
“Assuming that Iran agrees to the terms of the agreement, which, perhaps, is a great idea, the Epic Fury already known will end, and the most effective Blockade will allow the Hormuz Strait to be OPEN to ALL, including Iran,” he wrote on Truth Social.
“If they don’t agree, the bombing will begin, and it will be, unfortunately, at a much higher level and with more intensity than ever before,” Trump added.
Iran’s Foreign Ministry spokesman said Tehran is reviewing the US demands and will submit its recommendations to Pakistan’s mediator, Iran’s Student News Agency reported.
Pakistani Prime Minister Shehbaz Sharif, a mediator between Tehran and Washington, said he was “grateful” that Trump had suspended the project.
Sharif said on Wednesday that the pause “will go a long way in promoting regional peace, stability and reconciliation at this difficult time”.
Iran started log crisis after the US and Israel launched their war on February 28, with the Iranian military attacking several ships, laying sea mines and charging fines for passing through the narrow channel.
Iran’s establishment of the “Persian Gulf Strait Authority” on Tuesday, a new organization for the management and maintenance of the passage of ships, whether military or commercial, requires a permanent change in the situation of the strait.
“In fact, what the Iranians are saying is that this is not a new maritime regime for a while; they are talking about a permanent change in the strait, and they say they will not give up,” said Resul Serdar Atas of Al Jazeera, in Tehran.
The US operation in the strait failed to bring about the resumption of traffic on the waterway, and led to new strikes by Iran on ships in the strait and on targets in neighboring countries.
In the latest attack, France’s CMA CGM said one of its ships, the San Antonio, was attacked while transiting the Strait of Hormuz, causing injuries among crew members and damage to the ship.
The company said on Wednesday that this happened the day before, when the injured were evacuated and given medical treatment.
The attack is the latest disruption to the time-critical transmission system Conflicts in the Middle East. The war has grounded hundreds of ships, displaced thousands of people and brought nearly 20 percent of the world’s oil trade to a standstill.
The incident shows that the situation will remain dire Hormuz Riverbut France was not specifically targeted by the attack, government spokeswoman Maud Bregeon said.
“France was not a target,” Bregeon told reporters.
CMA CGM had said last month that one of its ships was the target of a warning shot in the runway, although no crew members were injured.
The French company, which ranks third in the world, has revealed that 14 of its ships were destroyed in the Gulf at the beginning of the US-Israeli war against Iran. One vessel, the CMA CGM Kribi, left the Strait of Hormuz in early April.
A long-term crisis in Hormuz should attract the economies of the Gulf countries.
“The economy of the Gulf is very strong. We have heard from countries such as Saudi Arabia, the UAE and Qatar, which have large reserves. But even with the increase in oil and gas prices, you still need to export your goods and it is affecting,” said Al Jazeera’s Assed Baig, in Doha, Qatar.
“According to Goldman Sachs, the Gulf Cooperation Council (GCC) is losing about $700m every day due to the inability to move oil.”