Why Iran Is Threatening to Close the Strait of Hormuz

Speaking after three hours of talks, European Union foreign policy chief Federica Mogherini, who chaired the talks, read a statement from the six delegations repeating previously-announced broad priorities ranging from guaranteeing Iranian oil revenue to shipping ties, banking and all other trade and investment co-operation.

Rouhani, who visited Switzerland and Austria this week to rally support for the nuclear deal's survival, said in a phone call with Macron that the package "does not meet all our demands", Iran's state news agency IRNA reported. Washington has since told countries they must stop buying the OPEC producer's oil from November 4 or face financial consequences. The principal benefit Iran has experienced under the deal is a doubling of its oil exports to around 2.8 million barrels a day. The French president expressed hope that the meeting of foreign ministers in Vienna on Friday could create a desirable balance between the political and economic issues for further cooperation.

"The U.S. and its partners provide, and promote security and stability in the region", Central Command spokesman Navy Captain Bill Urban said in an email to Reuters.

On Wednesday, a Revolutionary Guards commander said Iran would block oil shipments through the Strait of Hormuz was U.S. President Donald Trump to stop Iranian oil sales. "We will make the enemy understand that either all can use the Strait of Hormuz or no one".

As The Guardian notes, the threats "will bring back memories of the latter years of the 1980s Iran-Iraq War, when USA forces attacked Iranian territorial waters after a United States ship struck an Iranian mine".

"The participants recognized that, in return for the implementation by Iran of its nuclear-related commitments, the lifting of sanctions, including the economic dividends arising from it, constitutes an essential part of the JCPOA", Mogherini told reporters after the meeting without taking questions.

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The Iranian president described as disappointing the bloc's package of economic measures.

The model set as revolutionary thinking with reliance on people, was in fact the foundation of pillars of sacred defense of the Iranian people in the geography of Islamic resistance, bringing historical triumphs against the Takfiri terrorists and proxy wars, he said.

The EU, once Iran's biggest oil importer, has vowed to keep the 2015 nuclear deal alive without the United States by trying to keep oil and investment flowing.

The Iranian president said there was no action plan or "a clear method in the proposed package for the continuation of cooperation and, similar to the previous European Union statements, it only contained general commitments". Foreign ministers from the five remaining signatories are meeting with Iranian officials in Vienna today to discuss proposals aimed at keeping the deal alive.

Iran has threatened to withdraw from the deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), if it does not receive enough economic guarantees from Europe.

  • Sonia Alvarado