WS #10683
Iran's IRGC warned against new Hormuz routes, while Iran estimates $40B annual revenue from fees; Strait traffic normalization remains uncertain. Two powerful earthquakes in Venezuela (164 dead, 971 injured); IMF monitoring and ready to assist with debt restructuring.
Geopolitical Tensions / Strait of Hormuz
Iran's IRGC warned against new Hormuz routes, while Iran estimates $40B annual revenue from fees; Strait traffic normalization remains uncertain.
Two powerful earthquakes in Venezuela (164 dead, 971 injured); IMF monitoring and ready to assist with debt restructuring.