Iranian Official Claims Country's Oil and Gas Reserves Would Counter Naval Blockade Effects
Mohammad Mokhber, advisor and deputy to Iran's leader, highlighted the country's control over 20 percent of global oil and over 18 trillion cubic meters of gas. He stated that a naval blockade would not revert Iran to the Stone Age but would instead plunge others into crisis. The remarks were reported amid ongoing regional tensions.
thehindubusinessline.comMohammad Mokhber, serving as advisor and deputy to the Leader of the Islamic Republic of Iran, issued a pointed statement on the implications of a potential naval blockade against the country. Mokhber stated: 'When 20 percent of the world’s oil and more than 18 trillion cubic meters of gas are under our control, a naval blockade will not drag Iran back to the Stone Age; rather, it will surely plunge the'.
The statement underscores Iran's control over 20 percent of the world's oil, as Mokhber emphasized in his remarks.
He further noted that Iran controls more than 18 trillion cubic meters of gas, positioning the nation to withstand external pressures such as blockades. @FirstSquawk reported these details, including Mokhber's role and the full context of his declaration.
Key Facts
Story Timeline
3 events- 2026-04-30
Mohammad Mokhber issues statement on Iran's oil and gas control in response to potential naval blockade.
1 source@FirstSquawk - Recent (undated in sources)
Mohammad Mokhber confirmed as advisor and deputy to the Leader of the Islamic Republic of Iran.
1 source@FirstSquawk - Recent (undated in sources)
Data on Iran's control of 20 percent of world's oil and over 18 trillion cubic meters of gas highlighted.
1 source@FirstSquawk
Potential Impact
- 01
Potential escalation in regional tensions if naval blockade is imposed, based on Mokhber's assertion of Iran's resource leverage.
- 02
Global oil market volatility due to Iran's stated control over 20 percent of world supply.
- 03
Energy supply disruptions for dependent nations if blockade leads to retaliatory measures, as implied in the statement.
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