In a recent statement, Brigadier General Ebrahim Zolfaghari, spokesperson for Iran's Islamic Revolutionary Guard Corps (IRGC), announced that Iraq is exempt from any restrictions imposed in the Strait of Hormuz, a critical waterway for global oil supplies. He expressed solidarity with the Iraqi people, highlighting their support during the ongoing conflict and accusing the US and Israel of aggression against Iran. This declaration comes amid heightened tensions following recent US-Israeli strikes on Iran, which have led to retaliatory actions and a broader regional conflict. US President Donald Trump has also issued a stark warning to Israel, stating they have 48 hours to reach an agreement or face severe consequences, further complicating the already volatile situation. The closure of the Strait of Hormuz due to these tensions has raised concerns about the stability of global oil markets.