Iran declares closure of the Strait of Hormuz 'until further notice'
The Navy of Iran’s Islamic Revolutionary Guard Corps (IRGC) announced that it would close the Strait of Hormuz 'until further notice,' and attacks on U.S. bases in the Gulf region have meanwhile expanded. As traffic through the strait has slowed, uncertainty over crude oil transport routes has increased.7month 11day
The Navy of Iran’s Islamic Revolutionary Guard Corps (IRGC) announced that it would close the Strait of Hormuz "until further notice," 7month 11day, and the announcement could have a direct impact on international crude oil transport routes, drawing investor attention.
The announcement came 7month 10day after attacks on U.S. bases by Iran in the Gulf region had escalated.
In response to some of the attacks, the United States carried out military operations and then held consultations with Iran, demanding the guarantee of free passage through the strait.
7In 10and 11it was reported that transit through the strait slowed, and some vessels adjusted their routes or changed their sailing schedules.
The IRGC declared the closure and warned of the possibility of additional "incidents" in the strait.
A U.S. official said Iran was asked to carry out its pledge to stop attacks in the strait.
Reports on this matter 7in 10from the 7to the 13through , and the relevant countries and military authorities have continued to monitor transit through the strait and the safety of ships.
The reports released so far focus on the closure declaration, transit delays, and the military and diplomatic responses from both sides.
Sources: Reuters,CNBC Top News,MarketWatch Top Stories
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