A US official said the rules of engagement for US forces in the region have been changed and they were authorized to strike immediate threats against ships that cross the strait, like IRGC fast boats or Iranian missile positions, via Axios

The adjustment in the rules of engagement for US forces indicates a more aggressive posture in dealing with potential threats in the region, particularly from Iranian assets. This could escalate tensions, impacting oil prices and market sentiment as investors reassess the stability of maritime routes and geopolitical risks in the Middle East. Traders should watch for reactions in energy markets and safe-haven assets in light of these developments.