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High Impact

Al-Muhandis Headquarters in Iran: We will safeguard the security of the Strait of Hormuz and manage it with all our strength.

📅
🏷Markets
📰via FS
✍️Edited by Luís Barata

The Al-Muhandis Headquarters in Iran has asserted its commitment to securing the Strait of Hormuz, a critical chokepoint for global oil shipments. This declaration may heighten geopolitical tensions in the region, impacting risk appetite among investors and potentially leading to volatility in oil prices. The oil market is particularly exposed due to the Strait's significance in facilitating approximately 20% of the world's oil supply. Traders will be closely watching for any military movements or diplomatic responses from other regional powers, which could serve as catalysts for market shifts.

Source: Originally reported by FS at May 04, 2026. Summary and market context by Trading News Terminal editorial.

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