Geo-Political
Iran’s IRGC says cooperation with ‘aggressor enemy’ in Hormuz will delay reopening of waterway

The Iranian Islamic Revolutionary Guards Corps (IRGC) said on Tuesday that two ‘offending supertankers’ were hit and disabled in the Strait of Hormuz. IRGC said that tankers ignored warnings, turned off navigation systems and tried to pass through ‘mined route.’
The Iranian military said that cooperation with the ‘aggressor enemy’ in the critical waterway will delay reopening of the waterway and create a global energy crisis.
Iran’s Nournews reported that areas of southern Iran’s Bushehr were hit in a renewed US attack.
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is up 1.54% on the day at $79.02.




