GeopoliticsAugust 12 at 03:23 AM

Iranian Army official says Iran intends to maintain control and oversight of the Strait of Hormuz as a key source of its geopolitical power, Mehr News reports

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Iran's military asserts control over the Strait of Hormuz, driving oil price volatility and prompting U.S.-led efforts to build alternative export infrastructure by 2029.

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Iranian Army official says Iran intends to maintain control and oversight of the Strait of Hormuz as a key source of its geopolitical power, Mehr News reports

What do investors think?

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