Hormuz Closure Odds Ease as US Reports Sinking Multiple Iranian Vessels
· flowframe Pulse
The market probability retraced slightly as the U.S. military claimed to have effectively neutralized Iran’s naval presence after sinking over 20 vessels, including the frigate IRIS Dena. While the Revolutionary Guard declared the waterway closed on March 4, the deployment of U.S. naval escorts and heavy strikes on Iranian naval headquarters have led traders to question Tehran's ability to enforce a sustained blockade.
40¢ → 37¢ • Vol: $0.0M