Iran’s Revolutionary Guards said around 30 vessels have crossed the Strait of Hormuz with Tehran’s permission since Wednesday evening, according to state media

The statement from Iran's Revolutionary Guards indicates a potential easing of tensions in the Strait of Hormuz, which is a crucial chokepoint for global oil supply. The permission granted for around 30 vessels could signal a more stable operational environment, impacting energy prices, particularly WTI, and influencing broader risk sentiment in markets tied to geopolitical stability in the region.