14,229.01 TRY BIST 100 BIST 100
55.98 EUR EUR EUR
48.28 USD USD USD
7.22 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
39.93 TRY Interest Interest
95.69 USD Fossil Oil Fossil Oil
6.55 USD Copper Copper
99.48 TRY Silver Silver
99.27 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Iran warns US over Strait of Hormuz: “We have tightened the lock further”

Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a strongly worded statement following US strikes on the country’s south, warning that foreign powers intervening in the Strait of Hormuz would face retaliation.

Iran warns US over Strait of Hormuz: “We have tightened the lock further”

Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a retaliatory warning following US strikes on several locations in southern Iran.

In a statement published by Iran’s official news agency IRNA, the IRGC said the US strikes had further heightened tensions in the Strait of Hormuz.

“The attacks have tightened the lock on the Strait of Hormuz even further,” the statement said, adding that Iran’s determination to prevent foreign powers from intervening in the strait had been strengthened.

Iran signals retaliation

The IRGC said the US strikes would receive a “regretful” response.

Iranian authorities also claimed that the country’s military had shot down its 50th MQ-9 drone belonging to the US. Details of the planned retaliatory attacks were expected to be released later.

US strikes targets in Iran

US Central Command (CENTCOM) announced that it had launched strikes against targets belonging to Iran’s Islamic Revolutionary Guard Corps.

Following the strikes, Iranian media reported explosions in Qeshm Island, Bandar Abbas, Sirik, Chabahar and Konarak.

Iranian state television also reported that Jiroft Airport in Kerman province had been targeted.

Ahmad Nafisi, deputy governor of Hormozgan province, claimed that a residential building and a wedding ceremony in the city of Kuhestak, in Sirik County, were targeted in the US strikes.

Strait of Hormuz in focus

The IRGC’s specific emphasis on the Strait of Hormuz has renewed concerns over the potential impact of escalating tensions on global energy markets.

As one of the world’s most important energy transit routes, any further disruption in the Strait of Hormuz is being closely watched for its potential impact on oil and energy prices and global markets.

The scope of Iran’s potential retaliation and the US response are expected to be among the key factors shaping the next stage of tensions in the region.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Far East steel market analysis | August 26-September 2, 2026

Wednesday, September 2, 2026

European natural gas prices rise, eyes turn to the Strait of Hormuz

Wednesday, September 2, 2026

thyssenkrupp Begins Partial Revamp of Schwelgern 2 Blast Furnace

Wednesday, September 2, 2026

Intercom Group Expands Product Range with Welded Steel Pipes and Profiles

Wednesday, September 2, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now