The United Nations shipping agency's governing council has issued a statement urging countries to reject Iran's efforts to impose sovereignty over the Strait of Hormuz. The move comes after Iran announced its intention to create a body to control traffic through the waterway.
The U.N. agency's stance is aimed at preventing Iran from unilaterally controlling the strategic waterway, which is a critical chokepoint for global oil trade. The Strait of Hormuz is a vital shipping route that connects the Persian Gulf to the Gulf of Oman, and any disruption to its operations could have significant impacts on global energy markets.