Iran’s Islamic Revolutionary Guard Corps (IRGC) stated on Wednesday that Iran will manage the Strait of Hormuz proactively and control it intelligently, while warning of a stronger response to any renewed attacks from the United States (US) or Israel, per Reuters.
Additionally, the IRGC noted that they will continue to support the resistance fronts in Lebanon, Palestine, Yemen and Iraq.
Market reaction
This headline doesn’t seem to be having a noticeable impact on market sentiment. At the time of press, the US Dollar (USD) Index was down nearly 1% on the day at 98.55.
Source: https://www.fxstreet.com/news/irans-irgc-will-manage-strait-of-hormuz-proactively-202604081257
