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IRGC threatens to block more vital seaways as Trump orders renewed Iran blockade

From brecorder.com

Iran’s Islamic Revolutionary Guard Corps has threatened to close “all other export corridors that benefit the US and its allies”, Iranian media reported, after Iran shut the Strait ​of Hormuz and the US reimposed a naval blockade of Iranian ports. “Regional energy exports are either shared by all, or denied to all,” the IRGC said in a statement carried by Iran’s IRNA state news agency on Wednesday. Analysts have said Iran has been signalling it may use its Houthi allies in Yemen to shut the Bab el-Mandeb gatewayto the Red Sea, opening a new front against Washington and putting two of the world’s most vital energy ... (full story)

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  • Category: Fundamental Analysis