At least 15–20 mainly Chinese, Pakistani, Russian and Iranian vessels have recently transited the Strait of Hormuz using a controlled shipping corridor with IRGC permission after paying tolls

The recent transit of a significant number of vessels through the Strait of Hormuz under the permission of the IRGC indicates strengthened logistical ties among those nations, potentially challenging U.S.

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sanctions and influence in the region. This development could escalate geopolitical tensions, impacting global energy markets and prompting volatility in oil prices as well as possible safe-haven flows into gold and other metals.

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