Iran's revolutionary guards say any Arab, European country that expels US, Israel envoys will be able to navigate Strait of Hormuz
ReutersMar 9, 2026 9:49 PM
March 9 (Reuters) - Iran's Revolutionary Guards said any Arab or European country that expels the ambassadors of Israel and the U.S. from its territory will have full authority and freedom to pass through the Strait of Hormuz, Iranian state media reported on Monday.
The crisis in the Middle East has halted shipping and energy exports through the vital Strait of Hormuz, which carries roughly a fifth of global oil and liquefied natural gas flows.
Hundreds of ships remain anchored on both sides of the strategic waterway as oil and shipping markets watch for any sign that sailings might pick up through the narrow corridor.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Jensen Huang’s Bold Message: DRAM Fabs Should Expand, Nvidia Will Buy It All.
TradingKey - Nvidia (NVDA) CEO Jensen Huang recently delivered a powerful signal to global memory chip manufacturers at the Morgan Stanley Technology Conference: expand production with confidence, as Nvidia will take all available supply.TradingKey
13 hours ago
Nasdaq Goes "Limitless" on BTC ETF — But the Market Says No
Nasdaq stock unlocks were overshadowed by Middle East tensions; capital continues to flow into the crude oil market, while Bitcoin prices lack key support.TradingKey
15 hours ago
Oil Surges 30% Past $100 as Wall Street Warns of Record Highs
TradingKey - Oil prices surged at the market open on Monday (March 9). Intraday, WTI crude oil futures spiked more than 30% to $118.7 per barrel, while Brent crude oil futures rose over 26%, hitting a high of $119.46 per barrel. This marks the first time international oil prices have broken above $1TradingKey
18 hours ago
The Week on Wall Street: Oil Spikes, VIX Surges, and the Return of the Inflation Scare
TradingKey - Macroeconomic Landscape: The week was significantly influenced by escalating geopolitical tensions in the Middle East, which redirected global market sentiment towards risk aversion. This led to a notable rise in crude oil prices due to fears of supply disruptions through the Strait ofTradingKey
22 hours ago
