【Escalation of the situation in the Strait of Hormuz】On November 6, Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy said two more oil tankers had hit mines and caught fire in the Strait of Hormuz. It said they had attempted to use an “unauthorized route” and had switched off their navigation systems. The IRGC also said the strait would remain closed until the United States met its seven conditions.
Note: These claims have not been independently verified by maritime authorities. The vessels’ names, flag states and casualty figures have not been disclosed. The U.S. Central Command has previously stated several times that no vessels had hit mines in the Strait of Hormuz.
Markets: Brent crude rebounded to around $99 on Friday. Bitcoin traded in a range of about $75,000–$76,000, as safe-haven sentiment continued to weigh on risk assets. $BTC
(Source: AFP/Iranian state television, IANS, November 6)
Note: These claims have not been independently verified by maritime authorities. The vessels’ names, flag states and casualty figures have not been disclosed. The U.S. Central Command has previously stated several times that no vessels had hit mines in the Strait of Hormuz.
Markets: Brent crude rebounded to around $99 on Friday. Bitcoin traded in a range of about $75,000–$76,000, as safe-haven sentiment continued to weigh on risk assets. $BTC
(Source: AFP/Iranian state television, IANS, November 6)