GeneralBearishCrypto Briefing · 5h ago🔥 8/10
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IRGC confirms no commercial transit through Hormuz amid ongoing blockade
Iran's Islamic Revolutionary Guard Corps (IRGC) has confirmed a blockade preventing commercial transit through the Strait of Hormuz, a critical chokepoint controlling roughly 20% of global oil supply. The blockade intensifies regional geopolitical tensions and threatens to disrupt global energy markets while complicating diplomatic negotiations between the United States and Iran.
