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Home Market Research Business

Iran declares new Hormuz route ‘dangerous and unacceptable’ (CL1:COM:Commodity)

by TheAdviserMagazine
5 hours ago
in Business
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Iran declares new Hormuz route ‘dangerous and unacceptable’ (CL1:COM:Commodity)
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Jun 25, 2026, 12:00 AM ETCrude Oil Futures (CL1:COM), CO1:COM, XLE, UCODBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOIBy: Arundhati Sarkar, SA News Editor

tzw/iStock via Getty Images

Iran’s Islamic Revolutionary Guard Corps warned shipowners on Wednesday that any new transit route through the Strait of Hormuz established without coordination with Tehran is “unacceptable and dangerous,” threatening actions against vessels that ignore its instructions. The IRGC Navy said that only



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