Iranian state TV said its navy seized vessels in the Strait of Hormuz, while the US said it intercepted two Iranian supertankers attempting to evade its blockade. The developments escalate geopolitical risk around one of the world's most important oil chokepoints and could disrupt energy flows and shipping insurance costs. With war talks still in limbo, the news carries broad market risk, especially for oil and transport-linked assets.
Iranian state TV said its navy seized vessels in the Strait of Hormuz, while the US said it intercepted two Iranian supertankers attempting to evade its blockade. The developments escalate geopolitical risk around one of the world's most important oil chokepoints and could disrupt energy flows and shipping insurance costs. With war talks still in limbo, the news carries broad market risk, especially for oil and transport-linked assets.
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strongly negative
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