US CENTCOM Chief Cooper says US has opened a Passage in Hormuz for free passage
- Iran has attempted but failed to interfere by firing at commercial shipping.
- Iranian forces are strongly advised to remain well clear of US military assets.
- US military blockade on Iran is exceeding expectations.
- Iran has targeted commercial and US military ships with cruise missiles.
- Focus is on getting ships out of the Strait, over time will look to get ships into the Strait of Hormuz.
Context
The US CENTCOM Chief's announcement about ensuring free passage in Hormuz comes amid rising tensions with Iran, which has previously attempted to disrupt commercial shipping. This proactive stance could stabilize shipping routes critical for oil flow and provide a risk-off environment, impacting commodities and currencies linked to energy markets, especially the USD and JPY.
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