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. 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.