Chairman of the Parliament's National Security and Foreign Policy Committee says "All vessels belonging to the Zionist regime do not have the right to pass through the Strait of Hormuz"

This statement escalates tensions in the Strait of Hormuz, a crucial transit route for global oil shipments. If enforced, it could hinder maritime operations for Israeli vessels, potentially tightening supply and raising oil prices. Traders should monitor reactions in oil markets and any diplomatic fallout that may follow, as increased regional instability can have broader implications for risk assets and safe havens.