00:00Iran's Islamic Revolutionary Guard Corps claims it has complete control of the Strait of Hormuz.
00:07The IRGC has warned that any vessel passing through the waterway would be set on fire,
00:13threatening traffic along one of the world's most critical routes for oil and gas trade.
00:20Iran has already targeted some tankers in the Gulf since US and Israeli strikes on Iran began over the weekend.
00:26US President Donald Trump on Tuesday said American warships will protect vessels travelling through the Strait.
00:34De-escalation has shaken global markets and raised fears of a disruption along a route
00:40that handles about a fifth of the world's oil and gas supplies.
00:44Brand crude rose above $83 a barrel, its highest level since July 2024.
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