IRGC Navy official Akbarzadeh says Iran has significantly expanded its definition of the Strait of Hormuz strategic zone to include the coasts of Jask and Siri beyond the main islands, Al Mayadeen reports

The statement from the IRGC Navy official indicates a significant territorial claim that could heighten tensions in the region. This expansion of the strategic zone around the Strait of Hormuz raises concerns for shipping security and could have implications for oil prices, particularly WTI, given the area's critical role in global energy supply. Traders should monitor responses from the U.S. and other regional powers, as well as potential impacts on energy markets.