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Major General Ali Abdollahi, chairman of the Chiefs of Staff of the Iranian Armed Forces, said Iran has become the world's fourth-largest power by controlling the Strait of Hormuz. IRNA carried the remarks. The claim was not supported by independent assessment in the coverage.

Sources:IRNA (Iranian state news agency)

1 outlet · 1 article · first seen Nov 4, 5:00 AM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • WTI Crude Oil closed at 96.76, up 0.31%, on 2026-11-03. Listed for: Persian Gulf / Strait of Hormuz.
  • Brent Crude Oil closed at 104.42, down 0.33%, on 2026-11-03. Listed for: Persian Gulf / Strait of Hormuz.

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