IRGC warns retaliation against US blockade

Sagar Dua FXStreet

The Islamic Revolutionary Guard Corps (IRGC) said during European trading hours on Wednesday that it will not allow imports and exports in the Gulf, and the Sea of Oman if the US blockade in the Strait of Hormuz against Iran's vessels continues.

The warning from the IRGC came after a report from The Washington Post, which showed that the US administration is planning to deploy thousands of additional troops to the Middle East in the coming days, as part of a broader effort to intensify pressure on Iran and push Tehran toward reaching an agreement with Washington.

Author

Sagar Dua

FXStreet

Sagar Dua is associated with the financial markets from his college days. Along with pursuing post-graduation in Commerce in 2014, he started his markets training with chart analysis.

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