ISLAMABAD: Pakistan’s Deputy Prime Minister Ishaq Dar announced this week that Iran has allowed 20 more ships to pass through the strategic Strait of Hormuz waterway, noting the move would help usher stability in the conflict-ridden region.
Iran’s threats and attacks on vessels passing through the Strait of Hormuz have raised the risk of transit enough to stop almost all traffic through the narrow waterway. The strategic waterway between Iran and Oman is the main conduit for roughly 20 percent of the world’s oil and natural gas, including fertilizers.
Iran’s hold on the Strait of Hormuz has driven global oil prices higher, pushing countries such as Pakistan to undertake measures to conserve fuel and demand an end to the US and Israel’s war against Iran that broke out last month.
“I am pleased to share a great news that the Government of Iran has agreed to allow 20 more ships under the Pakistani flag to pass through the Strait of Hormuz; two ships will cross the Strait daily,” Dar wrote on social media platform X on Saturday.
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