GeopoliticsAugust 31 at 03:13 AM

Iran's IRGC Navy says compliance with regulations issued for the Strait of Hormuz is mandatory and warned against being “misled” by the US, Press TV report

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Iran's IRGC Navy declared mandatory compliance with its Strait of Hormuz rules, while US forces struck minelaying units, pushing Brent crude above USD 90 amid heightened Middle East tensions.

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Iran's IRGC Navy says compliance with regulations issued for the Strait of Hormuz is mandatory and warned against being “misled” by the US, Press TV report

What do investors think?

Today's market highlights

IRGC says a supertanker caught fire and was halted after being struck by two naval mines in Strait of Hormuz, adds tanker was attempting to pass illegally through the Strait of Hormuz and that ships must comply with its rules for passage

Iran's army said it launched tens of drones at the Al Minhad air base in the UAE