Oil Hope For India? Iran Says Hormuz Strait Only Closed To US, Israel, Europe

Iran’s Islamic Revolutionary Guard Corps has stated that the Strait of Hormuz is closed exclusively to vessels from the United States, Israel, Europe and their Western allies. The announcement was made on Thursday through Iran’s state broadcaster IRIB. It follows days of uncertainty over one of the world’s busiest shipping passages, which has seen almost all commercial traffic halt since the outbreak of hostilities in the Gulf.

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