Iran Temporarily Closes Vital Oil Route: Strait of Hormuz

Iran briefly shut down the Strait of Hormuz, a crucial oil export pathway, citing security precautions. This move occurred during military exercises by Iran's Revolutionary Guards. The closure's duration and the status of the waterway's reopening were not confirmed by Iranian state media.

Iran briefly closed the Strait of Hormuz on Tuesday, a critical channel for the global oil trade, according to reports from Iranian state media.

The closure was attributed to 'security precautions' necessary for safe shipping as the Iranian Revolutionary Guards conducted military exercises in the area.

Details about the timing and reopening of the strait remain unclear, leaving the global oil market on edge.