IRGC reaffirms that no oil and gas will pass through the Strait of Hormuz so long as US attacks continue

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Vessel traffic along the Strait of Hormuz has dropped back significantly in the past week or so. And we've only been seeing an average of around 10-15 vessels transit through the strait this week.Yesterday marked the first full day of the re-enforced US blockade and there were zero VLCCs or LNG tankers that transited through the strait.As things stand, any oil tankers that pass through are strictly Iranian exports utilising the northern corridor and a highly restricted flow of regional Arab Gulf oil. Meanwhile, LNG exports have pretty much reached a standstill at this point.Both sides are still continuing to trade strikes and it doesn't seem like we will be reaching any form of truce or an accord any time soon. The IRGC also says that they have launched an attack on the US' command center in Syria's Al-Tanf.In case you missed some of the headlines:US military confirms actions to enforce naval blockade of Iran, ships boarded, ships 'disabled'US bombs Iranian bridges to sixth day of strikes, choke off Bandar Abbas supplyOil edges higher as US-Iran attacks widen to Jordan, Bahrain and KuwaitEven the whole idea of a false and forced narrative with both sides putting on an act has now gone down the drain. The reality of the situation is dire as we circle back to a de facto closure of the Strait of Hormuz. This article was written by Justin Low at investinglive.com.