BREAKING: Iran Launches Missiles in Strait of Hormuz Drill đźđ·
Iranâs Islamic Revolutionary Guard Corps (IRGC) has launched missiles in the Strait of Hormuz as part of its pre-planned naval exercise, âSmart Control of the Strait of Hormuz.â
The timing is turning heads đ â it comes as U.S.âIran nuclear talks continue in Geneva.
â ïž Why it matters:
The Strait of Hormuz handles a significant portion of the worldâs daily oil shipments. Even minor disruptions can:
âą Spike global oil prices
âą Rattle energy markets
âą Increase geopolitical tensions
Iran says the drill was scheduled in advance but markets are watching closely as diplomacy and military signaling unfold side by side.
Oil traders, geopolitics analysts, and crypto markets are all on alert. đđ
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