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Iran rejects any second corridor through Strait of Hormuz

Iran rejects any second corridor through Strait of Hormuz

FXStreetFXStreet2026/08/03 23:45
By:FXStreet

Iranian state television, advisor to the Supreme Leader, General Mohsen Rezaei said that the country will absolutely not allow the opening of a second corridor in the Strait of Hormuz, Reuters reported on Monday. Rezaei added that if warships or military forces are brought to the critical waterway for that purpose, Iran will target them.

Key quotes

After US stopped the attacks, we continued our attacks for another 2 days so they would understand the situation. 

We will absolutely not allow the opening of a second corridor in the Strait of Hormuz.

If warships or military forces are brought to the Strait of Hormuz for that purpose, we will target them.

Saudi official contacted one of the officials at the Ministry of Foreign Affairs and stated that they were not involved in the attack on Iraq

We were prepared to attack three points in Ukraine, but after that country apologized, we canceled the attack.

Market reaction

At the time of writing, the West Texas Intermediate (WTI) is down 0.03% on the day at $80.50.

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