Published by Global Banking & Finance Review®
Posted on June 23, 2025
1 min readLast updated: January 23, 2026
The EU's top diplomat warns that Iran closing the Hormuz Strait would be extremely dangerous, affecting global oil supply. The decision awaits Iran's Supreme National Security Council.
BRUSSELS (Reuters) -An Iranian closure of the Strait of Hormuz would be dangerous and "not good for anybody", the European Union's top diplomat said on Monday.
"The concerns of retaliation and this war escalating are huge, especially closing of the Strait of Hormuz by Iran is something that would be extremely dangerous and not good for anybody," Kaja Kallas told reporters ahead of a meeting with EU foreign ministers.
Iran's Press TV reported on Sunday that Iran's Supreme National Security Council needed to make a final decision on whether to close the strait, after parliament was reported to back the measure. About 20% of global oil and gas demand flows through the channel.
(Reporting by Lili Bayer and Charlotte van Campenhout; Writing by Makini Brice; Editing by Kevin Liffey)
The EU's top diplomat stated that an Iranian closure of the Strait of Hormuz would be extremely dangerous and not good for anybody.
There are huge concerns about retaliation and the potential escalation of conflict if Iran decides to close the Strait of Hormuz.
Iran's Supreme National Security Council is reportedly making a final decision on whether to close the Strait of Hormuz, following parliamentary support for the measure.
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