Iran launches first oil terminal in Gulf of Oman to bypass Strait of Hormuz

Thursday, 22 July 2021Newsdesk

Iran has opened its first oil terminal in the Gulf of Oman and referenced the “failure” of US sanctions to deter its progress. It will allow oil exports to bypass the Strait of Hormuz, which has recently seen multiple incidents.

New Delhi, 22 July 2021

As per news report of Rt.com, the new oil terminal is located at the port of Bandar-e Jask, which lies just south of the strait. The faculty was inaugurated by the country’s President Hassan Rouhani, who announced the achievement in a televised speech on Thursday. “This is a strategic move and an important step for Iran. It will secure the continuation of our oil exports,” Rouhani stated. The narrow and busy Strait of Hormuz has been a source of international tensions for decades, with a series of maritime incidents involving oil tankers occurring in it and the wider Persian Gulf region in recent times. The area has also seen a number of close calls between the US and Iranian military, with the two sides blaming one another for “unsafe” conduct in the troubled waters.

Source -rt.com