investing

Iran War Live: US-Iran Conflict Over Strait of Hormuz

Iran War Live: IRGC Asserts Strait Control, US Enforces Blockade The six month anniversary of the US Iran conflict has brought a familiar standoff to the forefront, with the strategic Strait of Hormuz at its center.

The Islamic Revolutionary Guard Corps (IRGC) claims dominion over the waterway, while the White House asserts an ongoing naval blockade. The Strait of Hormuz has long been a critical chokepoint for global oil supplies.

Nearly 20% of seaborne traded crude passes through it, making any assertion of control or threat to its stability a major concern for markets and global politics.

Read the full story

Read on Inusstrade →