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Iran’s Revolutionary Guards said they shot down a US MQ-1 drone over Qeshm Island, according to Fars News Agency. The report, relayed by @DeItaone, marks another flashpoint in US-Iran tensions near the Strait of Hormuz. Qeshm sits at the mouth of the Gulf, a chokepoint for global oil shipments. Traders will watch for US confirmation and any response, with attention on crude prices and Gulf risk sentiment.

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Named in this story

Iran's Revolutionary Guards, United States, MQ-1 Drone, Qeshm Island, Fars News Agency