Iran will not allow any oil shipments through the Strait of Hormuz if the Islamic Republic comes under attack, Saeed Siah-Sarani an IRGC Navy commander warned on Sunday.

Iranian military officials have stated that any attack on the Islamic Republic would result in a blockade of oil shipments through the strategically vital Strait of Hormuz. This warning heightens geopolitical tensions and raises concerns about potential supply disruptions in the global oil market, impacting risk appetite among traders. Key assets exposed to this risk include crude oil futures and equities of companies reliant on Middle Eastern oil, as disruptions could lead to significant price volatility. Traders will be particularly attentive to any developments regarding U.S.-Iran relations and military movements in the region, which could serve as immediate catalysts for market reactions.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

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