The United States and Gulf allies have reported Iran’s chokehold on the Strait of Hormuz to the United Nations, accusing the Islamic Republic of holding the world’s economy hostage.

The U.S., Bahrain, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates drafted a UN Security Council Resolution to “defend freedom of navigation” in the now-famous waterway.

The partners said Iran continues to threaten ships in the Strait, lay sea mines that pose a danger to shipping, and attempt to charge tolls for passage through the crucial route.

The draft resolution requires Iran to cease attacks, mining, and tolling; disclose the number and location of the sea mines it has laid; and cooperate with efforts to remove them.

The Trump Administration expects the resolution to be voted on in the coming days while anticipating support from UN Security Council members and a wide base of co-sponsors.

The proposed resolution, drafted under Chapter 7 of the U.N. Charter, threatens “effective measures that are commensurate with the gravity of the situation, including sanctions” against Iran.

The draft, however, expresses support for ongoing efforts to seek a durable peace in the region and encourages member states in the Middle East to strengthen dialogue and consultations.

Speaking to reporters at the White House on Tuesday, Secretary of State Marco Rubio observed that the maximum pressure on Iran has tanked its “already frail economy.”

Today, inflation in Iran is 70 percent, and their currency is in complete freefall,” he noted, saying U.S. sanctions and the naval blockade have degraded Iran’s capacity to generate and repatriate revenue.

Rubio described the obstruction of Iranian ships as a tit-for-tat move and warned that allowing the Hormuz situation to persist without a strong action would result in Tehran keeping the straits closed forever.

“If everyone’s ships are not getting out, your ships are not getting out either,” the diplomat declared. “That’s not an act of war; that’s a defensive measure.”