Speaking at U.N. headquarters alongside diplomats from Gulf states and the United States, Alwasil urged support for a draft Security Council resolution demanding Iran halt attacks and remove obstacles affecting maritime traffic through the strait.“The Strait of Hormuz remains a vital artery of global trade and any disruption to its security is a matter of serious international concern,” Alwasil said.

He said the proposed resolution sought immediate international measures to “de-escalate tensions, ensure the free and safe flow of trade and humanitarian assistance, restore stability to global markets, and protect affected populations.”Alwasil warned that disruptions to shipping routes were affecting energy markets and delaying deliveries of food, medical supplies and humanitarian goods, particularly for import-dependent countries.

The Saudi envoy appeared alongside representatives from Bahrain, the UAE, Qatar and Kuwait, as well as Mike Waltz, who said freedom of navigation was central to global economic stability.

“We believe in some basic fundamental principles, namely the freedom of navigation for the entire world’s economies,” Waltz told reporters. “That’s what’s at stake here, nothing less than a cornerstone of worldwide stability and commerce.”Diplomatic sources said Russia, a permanent member of the Security Council and a close Iranian ally, warned it was prepared to veto the resolution.

Moscow and Beijing previously abstained on a March resolution condemning Iranian attacks on Gulf states and criticizing restrictions on shipping through Hormuz.

According to diplomats, the latest U.S.-Bahrain draft resolution calls on Iran to reopen the Strait of Hormuz, disclose the locations of naval mines, refrain from imposing transit tolls and allow the establishment of humanitarian shipping corridors for fertilizer and other essential cargo.

The Strait of Hormuz handles roughly one-fifth of global oil shipments and around one-third of global fertilizer trade, making it one of the world’s most strategically significant maritime chokepoints.

Commercial shipping traffic through the waterway has been heavily disrupted since conflict erupted on Feb. 28 following U.S. and Israeli strikes on Iranian targets. Regional instability has since fueled concerns over energy supplies, commodity prices and global food security.

In early April, Russia and China vetoed another Security Council proposal that would have encouraged coordinated international efforts to secure maritime navigation through the strait.