Iran has lost control of Hormuz and its economy is in ‘freefall’, US Secretary of State Rubio says

Iran has lost control of Hormuz and its economy is in ‘freefall’, US Secretary of State Rubio says
Iran has lost control of Hormuz and its economy is in ‘freefall’, US Secretary of State Rubio says

Hello and welcome to the details of Iran has lost control of Hormuz and its economy is in ‘freefall’, US Secretary of State Rubio says and now with the details

Nevin Al Sukari - Sana'a - US Secretary of State Marco Rubio said Iran had ‘lost complete control’ of the Strait of Hormuz as oil flows through the key shipping route recovered. — AFP pic

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ATHENS, Oct 7 — Iran has “lost complete control” of the Strait of Hormuz, US Secretary of State Marco Rubio said today, adding that Tehran’s economy was “in total and complete freefall”.

“The Straits of Hormuz are open. There’s almost as much oil flowing out now as there was before this conflict began. So they’ve lost complete control of the Straits,” Rubio told reporters during a visit to Athens.

He argued that as a result of “crippling” sanctions, the Iranian economy was “about to reach a place few countries in the world have been”.

Every dollar received by the “radical Shia clerics” is spent on Hezbollah and Hamas, he said.

“Iran cannot have a nuclear weapon, simple, period, end of story,” Rubio said.

“And anything they agree to that would be acceptable to the United States has to be something that ensures that Iran will never have a nuclear weapon.”

He argued that what Iran “was trying to do was build up a conventional capability so massive that they would become untouchable”. — AFP

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