military
Iran Threatens to Close Strait of Hormuz
IRGC Navy Commander Rear Admiral Alireza Tangsiri warns Iran will 'shut down the Strait of Hormuz to all traffic' if attacked. IRGC conducts live-fire naval exercise in the strait with fast boats, anti-ship missiles, and mine-laying drills. Lloyd's of London raises war-risk insurance premiums for Gulf-bound tankers by 300%.
Sources
- T1 IRNA Official middle_eastern
- T2 Reuters Major western
- T2 TASS Major eastern
- T3 Lloyd's List Institutional international