US War Secretary Hegseth says Iran is following North Korea's strategy to obtain nuclear weapons by building a missile shield

The comments from US War Secretary Hegseth highlight a concern that Iran is emulating North Korea's approach to nuclear armament, which could exacerbate regional tensions.

Newsquawk StaffPublished 30 Apr 2026, 16:13 UTCOn the live feed at 15:53 UTC — 7 more headlines followed before this page went public

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US War Secretary Hegseth says Iran is following North Korea's strategy to obtain nuclear weapons by building a missile shield

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Context

This geopolitical tension may influence oil prices, particularly WTI, as markets often react to perceived threats to stability in the Middle East, a major oil-producing region. Traders should monitor energy assets and broader risk sentiment as developments unfold.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

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Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

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ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

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ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

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ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

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ENERGY/8 Sept · 19:59 UTC

IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports.

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