Iran's Foreign Minister Says Strait of Hormuz Open to Cooperating Ships
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Speaking in New Delhi at the BRICS foreign ministers' meeting, Seyed Abbas Araghchi blamed US naval measures for disruptions in the strait, through which 20% of global oil normally flows. Traffic has dropped sharply since late February amid strikes and retaliatory ship seizures, stranding over 1,550 vessels and 22,500 mariners, while Brent crude prices hold above $100 per barrel. Araghchi's call for cooperation echoes Tehran's earlier positions, as the US pressures Iran's oil exports without blocking neutral traffic, and Asia pushes for de-escalation.
