Obama: Iran has veto power over the Strait of Hormuz The former US president said: - Iran now has veto power over the Strait of Hormuz, through which oil enters the world markets. - Iran's control of the strait is the main reason for the increase in oil prices in the world, and no one can deny this fact. "The control over the strategically important route became a central factor in the increase in diesel prices, which led to an increase in the prices of almost all goods in the world.

Obama: Iran has veto power over the Strait of Hormuz The former US president said: - Iran now has veto power over the Strait of Hormuz, through which oil enters the world markets. - Iran's control of the strait is the main reason for the increase in oil prices in the world, and no one can deny this fact. "The control over the strategically important route became a central factor in the increase in diesel prices, which led to an increase in the prices of almost all goods in the world.