IRGC unveils a new map of the Strait of Hormuz area which is under Iranian control
The unveiling of a new map by the IRGC highlighting Iranian control of the Strait of Hormuz underscores rising geopolitical tensions in a crucial energy corridor.
Cboe Global Markets (CBOE) is cutting 20% of its global workforce and tightening return-to-office policies, WSJ reports
A small group of US Senate Republicans are working behind the scenes on an authorisation of military force regarding Iran that can be acted if President Trump resumes strikes, Semafor reports citing sources
IRGC unveils a new map of the Strait of Hormuz area which is under Iranian control
IRGC Spokesperson says "Other maritime movements contrary to the declared principles of the IRGC Navy will face serious risks. Violating vessels will be stopped by force."
[MARKET ANALYSIS] European bourses mostly lower on geopolitical risk; Autos lag as Trump threatens a 25% tariff on EU cars
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- From the south of the line between Mount Mubarak in Iran and south of Fujairah in the UAE.
- From the west of the line between the end of Qeshm Island in Iran and Umm Al-Qawin in the UAE.
This move could signal potential escalations that may disrupt oil supply routes, impacting WTI and Brent prices significantly. Traders should closely monitor reactions in energy markets and any subsequent diplomatic responses from neighboring countries or global powers.
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