Iranian Foreign Minister Araghchi reiterates Strait of Hormuz is closed to countries at war with Iran and says the US President must change his approach, also noted that a gaurantee from 1-2 countries or from the UN Security Council is not enough
The remarks from Iranian Foreign Minister Araghchi regarding the closure of the Strait of Hormuz signal escalating tensions and a firm stance against the US.
Taiwan is to raise fuel surcharges for domestic airlines
Explosions reported in US bases in Bahrain and Kuwait
Iranian Foreign Minister Araghchi reiterates Strait of Hormuz is closed to countries at war with Iran and says the US President must change his approach, also noted that a gaurantee from 1-2 countries or from the UN Security Council is not enough
Kuwait says Iran-backed drones target fuel tanks at Kuwait Airport casing a large fire
Iran's Foreign Minister Araghchi says Iran has zero trust in the US and dismisses the effectiveness of any potential ground operation targeting Iran
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Says:
- Iran has no plans for negotiations with the US.
- We are ready for any ground threat and are ready for at least six months of war.
This assertion could lead to concerns over energy supply disruptions, particularly impacting oil prices and related commodities, while increasing volatility in currency markets tied to geopolitical risk.
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