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Iran’s IRGC: No vessels are permitted to cross the Strait of Hormuz – Reuters

Citing a Tehran Times post on X, Reuters reported on Sunday that the Islamic Revolutionary Guard Corps (IRGC) Navy announced via VHF radio that no vessels are permitted to cross the Strait of Hormuz, effectively declaring the critical maritime chokepoint closed.

Meanwhile, Reuters also reported an official from the European Union's (EU) naval mission Aspides, noting that “vessels have been receiving VHF transmission from Iran's Revolutionary Guards that "no ship is allowed to pass the Strait of Hormuz.”

developing story ...

South Korea Trade Balance registered at $15.5B above expectations ($10B) in February

South Korea Trade Balance registered at $15.5B above expectations ($10B) in February
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Australia S&P Global Manufacturing PMI down to 51 in February from previous 51.5

Australia S&P Global Manufacturing PMI down to 51 in February from previous 51.5
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