IRGC warns the approach of military vessels toward the Strait of Hormuz is a breach of the ceasefire, IRNA reports
Context
This warning from the IRGC signals a potential escalation in tensions around the Strait of Hormuz, crucial for global oil transport. Traders should be alert to any military maneuvers, as heightened risks could lead to supply disruptions, impacting oil prices and related assets in both the commodity and FX markets.
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