Iranian Revolutionary Guards spokesperson says vessels violating regulations announced by guards in strait of Hormuz 'will be stopped by force', State Media reports

The statement from the Iranian Revolutionary Guards underscores rising tensions in the Strait of Hormuz, a critical chokepoint for global oil shipments. This escalation could lead to disruptions in supply, influencing oil prices and potentially prompting reactions in safe-haven assets like gold and the USD. Traders should monitor developments closely, as any incidents could swiftly impact market sentiment.