Iranian Parliament's National Security member Borujerdi‌ says the time has come for Iran to withdraw from the Nuclear Non-Proliferation Treaty and the permanent monitoring of the Strait of Hormuz, IRNA reports

The comments from Irani Parliament's member Borujerdi signal a potential escalation in tensions surrounding Iran's nuclear policy and its control over the Strait of Hormuz, a vital shipping route for global oil supply.

Newsquawk StaffPublished On the live feed at 10 more headlines followed before this page went public
Newsquawk headlinesUTC

Morgan Stanley strategist Wilson says the S&P 500 correction is nearing its final stage

Two China-linked ships, owned by Cosco Shipping (601919 CN), appear to attempt to cross the Strait of Hormuz

Iranian Parliament's National Security member Borujerdi‌ says the time has come for Iran to withdraw from the Nuclear Non-Proliferation Treaty and the permanent monitoring of the Strait of Hormuz, IRNA reports

Spanish Retail Sales MoM (Feb) M/M -0.1% (Prev. 0.1%)

Swiss KOF Leading Indicators (Mar) 96.1 vs. Exp. 102 (Prev. 104.2)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • "We are not looking for a nuclear bomb, but we are not going to follow the rules of the game and be bombed."
  • According to the plan prepared by the Islamic Council and will be approved as soon as possible, a new system will rule the Strait of Hormuz and traffic will not be possible without the permission of the Islamic Republic of Iran.
Context

This move could lead to increased volatility in energy markets, particularly WTI crude, as it raises concerns about the security of oil transport and potential military confrontations in the region.

Related headlines

The whole workspace, free to try.

Try it free