IRGC Launches Hormuz Naval Drills Amid Resumption of Nuclear Talks in Geneva

Iran's Islamic Revolutionary Guard Corps (IRGC) has initiated naval exercises dubbed 'Smart Control' in the strategically vital Strait of Hormuz to test combat readiness and intelligence capabilities. These military maneuvers coincide with the resumption of indirect nuclear negotiations between the United States and Iran in Geneva, mediated by Oman. Geopolitical tensions escalated further as President Trump announced the deployment of a second aircraft carrier to the Middle East to bolster regional presence. In response, US Central Command (CENTCOM) issued a stern warning against any unsafe maritime activities that could jeopardize international shipping lanes. Market analysts anticipate these developments will drive a risk premium in energy prices, given the Strait's role as a primary global oil transit point. Consequently, Brent Crude and Gold (XAU/USD) are witnessing increased attention as investors hedge against potential supply disruptions and regional instability.