Iran Warns of Expandable Blockade to Suez Canal

On October 20, Hossein Moghaddam, spokesman for the Iranian Revolutionary Guard, stated that Iran has not yet utilized its full capacity to block the Strait of Hormuz. He warned that if the United States takes military action again, Iran will respond more fiercely, claiming that the world will face a serious energy crisis. Moghaddam also mentioned that Iran has not yet linked the situations in the Strait of Hormuz, the Strait of Mandeb, and the Suez Canal, nor has it deployed all its forces in the region and the capabilities of the "resistance front."

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.