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    EUR/USD Forecast: Cautiously higher near 1.1450 amid mixed setup

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US envoy: We will not allow Iran to hold the global economy hostage

US envoy: We will not allow Iran to hold the global economy hostage
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New York, USA – US Ambassador to the UN, Mike Waltz, affirmed that the United States will not allow Iran to “hold the global economy hostage.”

He also stressed the need to halt Iranian aggression and ensure the Strait of Hormuz remains open to international shipping.

This came during a Security Council session addressing security developments in the region.

Washington calls for the opening of the Strait of Hormuz

Waltz said that his country rejects any attempts to threaten the global economy or disrupt international trade.

He stressed that the continuation of navigation through the Strait of Hormuz

represents a necessity for the stability of energy markets and the global economy.

The American delegate added that the United States calls for an end to Iranian attacks.

He considered that the security of sea lanes represents a priority

for the international community in light of the escalating tensions in the region.

Bahrain renews its accusations against Iran

During the same session, Bahraini Foreign Minister Abdullatif Al-Zayani

affirmed Bahrain’s legitimate right to defend itself against Iranian aggression.

He also demanded an immediate and urgent halt to what he described as Iranian attacks.

Al-Zayani stated that Iran had carried out systematic attacks targeting infrastructure during the war.

He asserted that these attacks targeted not only Bahrain but also the security of the entire region.

Accusations of targeting civilians

The Bahraini Foreign Minister added that the Iranian attacks targeted civilians in Bahrain and not military installations.

He pointed out that these attacks were deliberate and planned.

These statements came during a Security Council session devoted to discussing security developments in the region.

But this took place amid international calls to reduce escalation and protect international navigation, especially in the Strait of Hormuz.

The Strait is one of the most important sea lanes for transporting oil and global trade,

in light of continuing tension between Iran and a number of countries in the region.

Source: Original Article

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