US Energy Secretary Chris Wright publicly acknowledged that nuclear negotiations with Iran may collapse without any agreement being reached. The statements represent a significant retreat from the diplomatic hope that existed between the two nations.
Wright also warned that the security of navigation in the Strait of Hormuz depends directly on US military presence. According to the official, ships only circulate safely in the strategic region through the escort provided by the United States.
The Strait of Hormuz is a maritime passage of crucial importance for world oil trade, through which a significant share of crude exports passes. Any instability in the region has global implications for energy markets.
Wright's statements come at a time of high tension between Washington and Tehran, with nuclear talks apparently at an impasse. The possibility of an agreement seems increasingly distant, which heightens fears about stability in the Persian Gulf region.
