Iran closes Strait of Hormuz, warns of swift action
pre-market1 source ↓written by the desknot a recommendation
Iran has closed the Strait of Hormuz from the Arabian Sea side, escalating tensions in the region. Iranian navy commander Shahram Irani stated that the country is prepared for swift action against any US advances. This closure could impact global oil supply routes, raising concerns among traders. ⚓️
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