Brazil’s Morning Call for Tuesday, March 3, 2026

2026-03-03 - 09:03

TODAY’S FOCUS The Big Picture The Strait of Hormuz crisis entered a dangerous new phase overnight. After Monday’s markets closed, Iran’s Islamic Revolutionary Guard Corps formally declared the waterway shut, warning it would fire on any vessel attempting to pass. At least five tankers have been damaged, two personnel killed, and approximately 150 ships are