Daily Memo: Commercial Shipping and the Conflict in Iran

The IRGC is threatening new limits on movement through the region.

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Tehran’s reprisals. Iran’s Islamic Revolutionary Guard Corps said it would allow passage through the Strait of Hormuz to Arab or European countries that expel U.S. and Israeli ambassadors. A spokesperson said the IRGC would not allow the export of oil from the region to the U.S. or its partners “until further notice,” adding that Tehran […]

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