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The Financial Ways
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Energy

Iran Issues Ultimatum Over Strait of Hormuz Energy Security

Tehran warned that Middle East energy infrastructure faces destruction unless international guarantees secure its own oil exports. The threat, delivered by chief negotiator Mohammad Baqer Qalibaf on September 29, arrived as Iran awaits a formal American response to a proposal aimed at reopening the critical Strait of Hormuz.

Iran Issues Ultimatum Over Strait of Hormuz Energy Security

The proposal, rejected by President Donald Trump, hinges on the lifting of naval blockades and economic sanctions alongside a regional cease-fire. Despite the hardening rhetoric, the White House continues to signal that further diplomatic engagement remains possible. The Strait of Hormuz remains a flashpoint, as Iran persists in targeting vessels to assert control over a waterway that previously facilitated one-fifth of global oil and gas transit.

Simultaneously, the Islamic Revolutionary Guards Corps has bypassed traditional channels to address American voters directly. In a letter released on September 29, the organization blamed the United States for the conflict, which began on February 28, and claimed over 3,600 Iranian deaths. While the IRGC acknowledged damage to its nuclear and air defense facilities, it maintained the civilian nature of its nuclear program. The appeal comes ahead of the November 3 midterm elections, where the composition of the House and Senate will undergo significant shifts, potentially altering the trajectory of the ongoing standoff.

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