🔥BREAKING- Iran has officially declared the full closure of the Strait of Hormuz to all vessels, including oil tankers and commercial ships, following intense overnight U.S. airstrikes.
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The Islamic Revolutionary Guard Corps (IRGC) has broadcast urgent VHF radio warnings telling ships that any vessel attempting passage will be shot at or treated as hostile.
Global oil prices immediately jumped more than $2 a barrel following the IRGC's announcement, with international shipping operators bracing for severe supply shocks and massive hikes in freight insurance.