Summary
- U.S. Central Command said the Strait of Hormuz has not been closed.
- It said international crude prices and financial markets reacted sensitively to Iran’s remarks suggesting a blockade.
- It said near-term energy supply disruption concerns have eased, but market volatility may continue.
Forecast Trend Report by Period
Contrary to claims by Iran’s Islamic Revolutionary Guard Corps (IRGC) that the Strait of Hormuz has been blockaded, reports said the strait is not currently closed.
On the 2nd (local time), Fox News, citing a statement from U.S. Central Command (U.S. Central Command), said that “the Strait of Hormuz has not been closed.”
Earlier, remarks from the Iranian side suggesting the possibility of controlling or blockading the strait prompted a sensitive reaction in international crude prices and financial markets. The Strait of Hormuz is a strategic chokepoint through which roughly 20% of the world’s crude oil shipments pass, and whether it is blockaded has a direct impact on global energy markets.
While the report has somewhat eased near-term concerns over energy supply disruptions, market volatility is seen as likely to persist for the time being as tensions in the Middle East continue.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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