🚨 Iran Declares Strait of Hormuz Will Remain Restricted

Iran has stated that the Strait of Hormuz will not be fully reopened until a final ceasefire agreement is reached with the United States.

Only a limited number of vessels will be allowed to pass with explicit permission. This partial restriction continues to create a significant bottleneck in global oil supply routes.

As a result, oil markets remain under pressure due to ongoing supply concerns and uncertainty surrounding the Hormuz chokepoint.

$IRYS

IRYSBSC
IRYSUSDT
0.03578
+6.04%

$GUN

GUN
GUN
0.0154
-18.69%

$PIEVERSE

PIEVERSEBSC
PIEVERSEUSDT
1.0223
+12.21%

Do you think this restricted access will keep oil prices elevated in the near term?

⚠️ NOTE: Not financial advice