Iran’s leader vows Hormuz control as shipping standoff intensifies

1 min read
Source: The Guardian
Iran’s leader vows Hormuz control as shipping standoff intensifies
Photo: The Guardian
TL;DR Summary

Iran’s supreme leader Mojtaba Khamenei issued a defiant statement pledging to secure the Strait of Hormuz and to guard Iran’s nuclear, missile and other technological capacities, signaling a “new management” of the strait that could involve charging fees for passage; the move comes amid a US counter-blockade that has slowed shipping and pushed oil prices higher, underscoring a heightened Gulf geopolitical standoff.

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