The Strategic Importance of Jask Port

ECONOMY 04.04.2022
Yasir Rashid Researcher

Jask port, with its geopolitical location in the east of the Strait of Hormuz in the Oman Sea, is of strategic importance for Iran in terms of energy security, economy, and military.

Since the Industrial Revolution, the importance of ports has gradually increased regarding the development and economic growth of countries. Currently, with the high volume of free international trade, ports play a crucial role in the politics and economy of countries. According to recent statistics, about 80% of the world’s trade by volume and over 70% of global trade by value are carried by sea and are handled by ports all over the world (UNCTAD, 2018). From this perspective, it can be said that the ports play a vital role in the development process of different countries.

Iran, which has a total of about 2,700 kilometres of maritime borders with the Gulf and Oman Sea to the south and the Caspian Sea to the north, has always tried to diversify its trade and export routes for oil and non-oil products by developing maritime transport and commercial ports. Iran's commercial ports have a significant share in the country's foreign trade, which are known as the country's main transportation gateways. According to the Iranian PMO, more than 85% of the country's foreign trade goods are transported through ports, which play a vital and irreplaceable role in Iran's national and regional economy as well as its foreign trade.


Jask Port, Strait of Hormuz, The Gulf, Geopolitics, China-US Rivalry

Disagreements in Raisi’s Economic Team

Yasir Rashid

The differences of opinion among members of Raisi's economic team can be considered as one of the reasons for the failure of the Raisi government in the economic sphere.

Iran-Russia Cooperation in Banking and Finance

Yasir Rashid

Iran-Russia cooperation in banking and finance within the framework of Russian financial systems will provide an opportunity to bypass Western sanctions against the two countries.