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Iran opens an oil terminal to bypass the strategically important Strait of Hormuz oil and gas news

Iranian President Hassan Rouhani said that the opening of an oil terminal in the Gulf of Oman indicates the failure of US sanctions.

The outgoing President Hassan Rouhani stated that Iran has opened its first oil terminal in the Gulf of Oman, a move that will prevent it from using the Strait of Hormuz route, which has been a regional tension for decades. The focus of the situation.

“This is a strategic move and an important step for Iran. This will ensure the continuation of our oil exports,” Rouhani said in a televised speech on Thursday.

“We have a terminal. If there is a problem, our oil exports will be cut off,” Rouhani admitted, adding that “today is a great historic day for the Iranian nation”.

“Today, the first batch of 100 tons of oil was installed outside the Strait of Hormuz. This shows the failure of US sanctions,” he said.

Rouhani stated that Iran’s goal is to export 1 million barrels of oil a day from the Bandar Ijask port on the Iranian Gulf of Oman. The port is located south of the Strait of Hormuz, allowing ships to enter the Arabian Sea and beyond. . Avoid narrow straits.

Iran has also built a 1,000-kilometer (600-mile) pipeline to transport crude oil from Gorey in Bushehr Province to a new terminal in the southeast.

Iran often threatens that if its crude oil exports are closed due to U.S. sanctions, the U.S. re-imposed sanctions three years ago, and then President Donald Trump unilaterally withdrew from the landmark nuclear agreement signed between Iran and the world powers in 2015 .

Since the beginning of April, Iranian officials and the administration of US President Joe Biden have been holding indirect talks in Vienna to restore the agreement, under which Iran agreed to curb its nuclear program in exchange for the lifting of most international sanctions.

The Strait of Hormuz is a narrow channel at the mouth of the Gulf. About one-fifth of the world’s oil flows from Middle Eastern producers to markets in Asia, Europe, North America and other regions.

Iran’s elite Islamic Revolutionary Guard Corps and the U.S. military regularly confront each other in the region.

The old enemies of Iran and Israel, Iran and Israel, also accused each other of attacks on their ships in sensitive waterways.

In February and April, Israeli-owned ships were attacked in the Gulf of Oman, and Israel blamed Iran for the bombing.

Iran’s largest warship is also Sink After a fire in the Gulf of Oman in early June. Officials have not yet stated whether the sinking of the Kharg was an act of sabotage or an accident.

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