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Learn / Market News / IRGC warns retaliation against US blockade

IRGC warns retaliation against US blockade

The Islamic Revolutionary Guard Corps (IRGC) said during European trading hours on Wednesday that it will not allow imports and exports in the Gulf, and the Sea of Oman if the US blockade in the Strait of Hormuz against Iran's vessels continues.

The warning from the IRGC came after a report from The Washington Post, which showed that the US administration is planning to deploy thousands of additional troops to the Middle East in the coming days, as part of a broader effort to intensify pressure on Iran and push Tehran toward reaching an agreement with Washington.

There is a high level of risk in Margined Transaction products, as Contract for Difference (CFDs) are complex instruments and come with a high risk of losing money rapidly due to the leverage. Trading CFDs may not be suitable for all traders as it could result in the loss of the total deposit or incur a negative balance; only use risk capital.

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