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Bahrain expects to vote on the revised Hormuz Resolution on Friday

Abdullatif bin Rashid Al Zayani, Bahrain's Foreign Minister, told the United Nations Security Council that he hopes the council will vote on Friday to approve a resolution Bahrain drafted for the protection of commercial shipping around and in the Strait of Hormuz.

Since the U.S. and Israel attacked Iran at the end of February, the oil prices have risen. The conflict has now lasted for over a month. It's effectively shut down the Strait to all shipping traffic.

Bahrain has submitted a draft resolution to the Security Council that would authorize "all necessary measures" for commercial shipping around and in the Strait.

The previous draft had dropped the explicit reference to binding implementation in an effort to overcome objections by other nations. Specifically, Russia and China.

Al Zayani said at a meeting of Bahrain's 15-member council that the vote on the resolution draft will be held tomorrow.

He said Iran’s "unlawful, unjustified and dangerous attempt to control the international navigation through the Strait of Hormuz", threatened the interests of countries and peoples all over the world. "A decisive response is required."

The latest draft, while authorizing the use of force in the Strait of?Hormuz or adjacent waters (including within the territorial water of the littoral states within?or surrounding the?Strait), specifies that these steps must be "defensive."

On Wednesday, U.S. president Donald Trump pledged to continue the attacks but didn't?lay out a plan for re-opening the strait. This sent the price of oil even higher, as his words raised concern that the U.S. might not play a significant role in ensuring the safe passage of shippers through this crucial waterway.

Diplomats claim that the latest resolution has been placed under a "silence procedure" until noon (1600 GMT), on Thursday, and will be put to a vote only if there are no objections by then. (Reporting and editing by Michelle Nichols; Additional reporting by John Irish, Paris)

(source: Reuters)