Iran’s Islamic Revolutionary Guard Corps (IRGC) commander Ahmad Vahidi said that no extra-regional power has the right to threaten, establish a domineering presence in, or interfere in the Persian Gulf and the Strait of Hormuz, according to Mehr News.
Brent was trading at $102.83 and WTI at $90.33, up on the week after tanker attacks, with only seven vessels crossing the strait on Tuesday, the lowest figure since late July, according to OilPrice.