Commander of the Iranian Army's Navy says the enemy attempted to cross the Strait of Hormuz during the ceasefire and we forced them to retreat, Al Jazeera reports

This statement from the Iranian Army's Navy highlights ongoing tensions in the Strait of Hormuz, a critical chokepoint for global oil supplies.

Newsquawk StaffPublished 17 Apr 2026, 18:44 UTCOn the live feed at 18:24 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

18:30

US President Trump says Iran has agreed to everything, and will work with US to remove enriched Uranium from Iran, via CBS News; insisted that doing so will not involve US ground troops

18:27

Iranian parliament's National Security Committee told Al Jazeera: "We will not allow uranium to be taken out of Iran, and American statements on social media differ from reality."

18:24

Commander of the Iranian Army's Navy says the enemy attempted to cross the Strait of Hormuz during the ceasefire and we forced them to retreat, Al Jazeera reports

18:23

Around 20 ships are seen moving from the Gulf towards the exit via Strait of Hormuz, according to ship tracking data

18:19

The US is considering releasing USD 6bln in frozen Iranian assets as part of a first phase in a potential deal to end the war with Iran if certain conditions are met, via NY Post citing sources, with the potential to release up to USD 20bln

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Context

The assertion of military engagement may elevate geopolitical risks, likely influencing oil prices and safe-haven assets such as gold or the US dollar, particularly if it escalates further. Traders should monitor this situation closely, as any significant military action could have immediate market repercussions.

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