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.

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Iran Army Commander says security in Hormuz region is Iran's red line, via Tasnim

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

UAE Defense Ministry says it detected 4 missiles launched from Iran, and successfully intercepted 3 of them, and the fourth fell into the sea, Al Araby reports

UKMTO says it has received a report of an incident 36nm north of Dubai, UAE; cargo vessel reported a fire in the engine room, cause of the fire unknown at this time

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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.

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