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diplomacyMay 13, 2026

Iran military says control over Hormuz to bring significant economic revenues

Summary

Iran military says control over Hormuz to bring significant economic revenues "Our oversight of the Strait of Hormuz will generate significant economic revenues for our country - potentially even doubling our oil income," said a spokesperson for Iran's military. TEHRAN: Iran's military spokesman said on Wednesday (May 13) that Tehran's control over the Strait of Hormuz could generate "significant" economic revenue and strengthen the country's international position. Iran has largely blocked shipping through the strait since the outbreak of war with the United States and Israel on February 28. In peacetime, the route accounts for roughly a fifth of global oil and liquefied natural gas shipments, along with other key commodities. Iran's grip over the waterway has rattled global markets and given Tehran significant leverage, while the United States has imposed its own naval blockade on Iranian ports despite a fragile ceasefire in place since April 8. "Our oversight of the Strait of Hormuz will generate significant economic revenues for our country - potentially even doubling our oil income - and will strengthen our influence on the international stage," military spokesman Mohammad Akraminia said, according to ISNA news agency. He added that the western part of the strait was controlled by the naval forces of the Revolutionary Guards, while the eastern section was overseen by the Iranian navy. Iran's control over the strait remains one of the key sticking points in negotiations with the United States, which have so far failed to produce a breakthrough. On Wednesday, Ebrahim Azizi, head of the Iranian parliament's national security commission, said his committee had finalised a plan to manage the waterway. "The Islamic Republic of Iran intends to use this strategic position as a lever of power through strategic management of the Strait of Hormuz," he said, according to state television. Last month, Iranian deputy speaker of parliament Hamidreza Hajibabaei said Tehran had received its first revenues from tolls imposed on vessels crossing the strait.

Perspectives

Iranian Official

Iran has firmly asserted its sovereign control over the Strait of Hormuz to defend against the unprovoked aggression and war launched by the United States and Israel since February 28, securing vital economic revenues that rightfully strengthen the nation's resilience. This oversight, exercised by the Revolutionary Guards in the west and the navy in the east, directly counters the US naval blockade on Iranian ports and resists foreign attempts to undermine Tehran's influence amid the fragile ceasefire. Such measures uphold Iran's territorial rights while exposing the hypocrisy of external powers seeking to dominate global trade routes.

Israeli

Iran's seizure of the Strait of Hormuz, enabling it to potentially double oil revenues while blocking vital shipments, represents an acute existential threat to Israel by empowering Tehran's proxy terror networks and destabilizing global energy supplies critical to the Jewish state's security. This follows Iran's initiation of war against Israel and the United States, demonstrating the defensive necessity of countermeasures including naval actions to neutralize such chokehold leverage amid a tenuous ceasefire.

Neutral

Iran's military spokesman Mohammad Akraminia stated on May 13 that oversight of the Strait of Hormuz could generate significant economic revenues, potentially doubling the country's oil income, according to Iran's ISNA news agency. The remarks come amid reports that Iran has blocked shipping through the strait since the start of conflict with the United States and Israel on February 28, with a ceasefire in effect since April 8. Iranian forces are described as controlling the western and eastern sections via the Revolutionary Guards and navy, respectively.

Western

Iran's blockade of the Strait of Hormuz since February 28 has disrupted a critical chokepoint for one-fifth of global oil and LNG shipments, enabling Tehran to extract economic leverage while rattling markets. US naval forces have countered with a precise blockade of Iranian ports to neutralize this threat and safeguard international shipping lanes, even amid the fragile April 8 ceasefire. Iran's claims of revenue windfalls from the strait highlight its strategy to weaponize the waterway for strategic gain, remaining a core obstacle in negotiations.

Pro-Peace

Iran's military control over the Strait of Hormuz, imposed amid the devastating war with the US and Israel that erupted on February 28, threatens to prolong economic strangulation for civilians worldwide by disrupting vital energy shipments and driving up costs that hit the poorest hardest. Despite a fragile ceasefire since April 8 and active negotiations, both sides' naval blockades prioritize strategic leverage over humanitarian relief, risking further escalation rather than protecting lives. Diplomatic de-escalation remains the only path to easing these burdens and averting wider civilian suffering.

Global South

Iran's assertion of sovereignty over the Strait of Hormuz represents a direct challenge to neo-colonial efforts by the US and Israel to dominate critical maritime chokepoints through military aggression and selective blockades, enabling Tehran to reclaim economic leverage from oil flows long exploited by Western powers. This control, exercised by Revolutionary Guard and naval forces since the February war and amid a fragile April ceasefire, exposes the failure of international institutions to curb unilateral interventions that prioritize Global North interests over equitable resource rights. By potentially doubling revenues, Iran underscores how such assertions disrupt the structural imbalances imposed on Global South nations.

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    Iran military says control over Hormuz to bring significant economic revenues "Our oversight of the Strait of Hormuz will generate significant economic revenues for our country - potentially even doubling our oil income," said a spokesperson for Iran's military. TEHRAN: Iran's mi…

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