Iran's new supreme leader will keep Strait of Hormuz shut as oil prices spike

Mojtaba Khamenei, Iran's new supreme leader, has declared in his first public statement read on state television Thursday, that he would keep the Strait of Hormuz shut to pressure the United States and Israel, as the war in the Middle East showed no signs of winding down.

Mar 13, 2026 - 00:00
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Iran's new supreme leader will keep Strait of Hormuz shut as oil prices spike
Mojtaba Khamenei, Iran's new supreme leader, has declared in his first public statement read on state television Thursday, that he would keep the Strait of Hormuz shut to pressure the United States and Israel, as the war in the Middle East showed no signs of winding down.

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