IRGC Adviser Says 'Illegal Routes' In Strait Of Hormuz Will Soon Be Closed; Strait To Remain Closed Until Demands Are Met

An adviser from the Islamic Revolutionary Guard Corps (IRGC) announced that 'illegal routes' in the Strait of Hormuz will soon be closed, and the strait will remain closed until certain demands are met. This development could have significant implications for shipping and energy markets, particularly affecting companies like LNGX that operate in the region.