The Islamic Revolutionary Guard Corps says countries will get safe passage through the Strait of Hormuz on one condition: they expel US and Israeli ambassadors. With oil prices surging, what could this mean for global trade? Scroll down to read more. Iran’s Islamic Revolutionary Guard Corps (IRGC) on Tuesday (Mar 10) announced that it will grant certain countries unrestricted passage through the Strait of Hormuz, but that this safe passage will be conditional. The IRGC said that only those Arab o... [2393 chars]
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