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Iran Reciprocates by Labeling Canadian Royal Navy as 'Terrorist Organization'

This event reflects a diplomatic retaliation where one country responds to another's designation of...
Key Metrics

11.08

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2025-12-30
Key Impacts
Positive Impacts (2)
Gold
Global Aerospace & Defense Sector
Negative Impacts (6)
Brent Crude Oil
WTI Crude Oil
Canadian Energy Producers (Oil Sands & Conventional)
Marine Insurance Industry
Global Oil Tanker Shipping Companies
MSCI Canada Index
Total impacts: 9 | Positive: 2 | Negative: 6
Event Overview

This event reflects a diplomatic retaliation where one country responds to another's designation of its military unit as a terrorist entity. The action highlights the use of symmetrical measures in international relations and underscores the escalating tensions between the two nations.

Collect Records
Iran Designates Canadian Royal Navy as 'Terrorist Organization'
2025-12-30 20:04

Iran's Ministry of Foreign Affairs announced that, in response to Canada's decision on June 19, 2024, to list the Islamic Revolutionary Guard Corps (IRGC) as a 'terrorist entity,' Iran has designated the Canadian Royal Navy as a 'terrorist organization' based on the principle of reciprocity and relevant laws. Iran strongly condemned Canada's decision and stated it reserves the right to take reciprocal measures.

Total records: 1
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