Iran Supreme Leader Mojtaba Khamenei, in a statement, closure of Strait of Hormuz should be continued as a tool to pressure the enemy; all US bases should immediately be closed in the region and those bases should be attacked
- Strait of Hormuz should stay closed.
- Calls for unity amongst people
- Will not give up on avenging martyrs.
- Iran will take compensation from the enemy.
- Countries should close US bases.
- Iran will seek compensation from enemies or destroy their assets accordingly.
- Believes in friendship with neighbours.
- Other fronts will be opened if war persists; studies have been made of opening other fronts.
Context
Iran’s Supreme Leader Khamenei has escalated tensions by advocating for the continued closure of the Strait of Hormuz as a pressure tactic against the U.S. His statements signal a readiness to confront U.S. military presence in the region, which could lead to significant disruptions in oil supply. Traders should monitor WTI prices closely, as any military actions or infrastructure disruptions could lead to heightened volatility in energy markets.
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