Israeli Intelligence Official told Fox news “The Strait is effectively under full IRGC control. They decide who gets to go through, but more importantly, who doesn’t,”

The statement about the Strait being under full IRGC control signals an elevation in geopolitical tension, particularly affecting maritime trade routes. This may lead to increased volatility in energy prices and safe-haven assets as markets react to potential disruptions and heightened risks in this vital area. Traders should closely monitor commodities like oil and gold, as well as shifts in currency pairs involving USD, EUR, and JPY.