Geopolitics
IRGC Navy says we warn you not to use alternative routes to the Strait of Hormuz, Fars reports
StockNow breaking-news AI analysis
IRGC's claim of absolute control over the Strait of Hormuz has triggered a 3.5% spike in oil prices and surged shipping insurance costs, as tankers divert to avoid potential Iranian strikes.
News detail
The entrance and exit to the Strait of Hormuz are clear and under our absolute control. Alternative routes are unsafe and dangerous, we warn you not to use them, as they will have serious and irreparable consequences.
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