Strait of Hormuz Odds Rise Following IRGC Blockade Warnings
· flowframe Pulse
The market climbed after the Islamic Revolutionary Guard Corps declared the strategic waterway 'effectively closed' in response to U.S. and Israeli airstrikes on Iranian leadership. Although no formal government decree has been issued, reports of projectile attacks on tankers and transit suspensions by major shipping firms like Maersk have heightened closure fears.
39¢ → 42¢ • Vol: $0.4M