Shipping disruption. The Islamic Revolutionary Guard Corps announced Monday that the Strait of Hormuz is closed. An adviser to the IRGC commander-in-chief said the IRGC and Iran’s regular navy would set any ships “ablaze” if they tried to cross the strait, through which about 20 percent of global oil supplies pass. However, Fox News reported […]
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Daily Memo: Update on the Strait of Hormuz and Chances of a Ground Operation
There are conflicting reports on whether the critical waterway has been closed.
