Geopolitics
Iranian Navy says Iran's armed forces fully control the eastern Strait of Hormuz, the Gulf of Oman and the northern Indian Ocean, adding that no movement takes place in the strait without their authorisation, Tasnim reports
StockNow breaking-news AI analysis
Iran claimed absolute control over the Strait of Hormuz on July 29, 2026, requiring prior authorization for all shipping. This exacerbates energy supply risks as US reserves hit record lows.
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