Iran's Press TV is reporting that the officials are saying:
- Traffic in Strait of Hormuz is conducted in accordance with Iran's arrangements.
- Any provocative action by the US will be met with immediate and decisive response.
Meanwhile, the UKMTO (United Kingdom Maritime Trade Operations) report has raised the threat level in the Strait of Hormuz to severe
Iranian attacks have raised the threat level to SEVERE, with deliberate hostile action likely under current conditions. Navigation interference persists, and mine-risk reporting remains relevant within and adjacent to the TSS (Traffic Separation Scheme). The recent confirmed incidents highlight that the threat environment remains heightened and warrants extreme vigilance. IRGC hailing and routing pressure continue, particularly for AIS (Automatic Identification System) -active vessels.
The price of crude oil is trading near the highest levels for the day at $70.56. That's up $1.96 or 2.85%