GeopoliticsIMPORTANTSeptember 24 at 07:46 AM

Iran's Major General Safavi says the Strait of Hormuz will never re-open in its prior form, Irib reports; Iran and Oman had a mechanism for managing the Strait, this was sabotaged by the US. Iran will fully manage and control the Strait.

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Iran's Major General Safavi announced the Strait of Hormuz will not reopen in its prior form and Iran will fully control it, alleging US sabotage of prior joint Oman mechanisms.

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Iran's Major General Safavi says the Strait of Hormuz will never re-open in its prior form, Irib reports; Iran and Oman had a mechanism for managing the Strait, this was sabotaged by the US. Iran will fully manage and control the Strait.

What do investors think?

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