🚨 IRAN REVOLUTIONARY GUARDS SAY: NO COMMERCIAL VESSEL OR TANKER HAS CROSSED STRAIT OF HORMUZ IN PAST FEW HOURS, SAY 'CLAIMS BY U.S. OFFICIALS ARE BASELESS AND COMPLETE LIES' - TASNIM NEWS

Iran's Revolutionary Guards have stated that no commercial vessels or tankers have crossed the Strait of Hormuz recently, dismissing claims made by U.S. officials as unfounded. This statement impacts market sentiment through the channel of risk appetite, as tensions in the region can lead to concerns over potential supply disruptions in a critical oil transit route. Oil markets, particularly Brent crude, are most exposed due to their reliance on stable shipping through the Strait of Hormuz, which handles a significant portion of global oil shipments. Traders will be closely watching for any further developments or military maneuvers in the region that could escalate tensions, particularly the upcoming U.S. naval exercises in the Gulf.

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