IRANIAN NAVY CLAIMS THEY STOPPED U.S. WARSHIPS FROM ENTERING THE STRAIT OF HORMUZ, ACCORDING TO STATE TELEVISION.

Iranian state television reported that the Iranian Navy prevented U.S. warships from entering the strategically vital Strait of Hormuz. This incident heightens geopolitical tensions in the region, potentially impacting risk appetite among investors and influencing capital flows into safe-haven assets. Oil markets are particularly exposed, as any disruption in this chokepoint could lead to supply concerns and price volatility. Traders will closely watch for further developments or official statements from the U.S. military regarding the incident, as these could signal escalations or de-escalations in the ongoing tensions.

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