Iran supreme leader issues defiant statement on strait of Hormuz
Summary
Iran’s supreme leader said Iran controls shipping in the Strait of Hormuz and will protect its nuclear and missile programs. He stated Iran aims to manage the strait for the benefit of regional countries and warned foreign forces to stay away.Key Facts
- Iran controls the Strait of Hormuz, a key waterway for about 20% of global oil trade.
- The supreme leader pledged to protect Iran’s nuclear, missile, and technological programs.
- Iran wants to charge fees for using the strait, calling them charges for services, not tolls.
- The US has imposed a counter-blockade to stop oil tankers from leaving Iranian ports.
- Oil prices have risen above $120 a barrel due to disruptions in the strait.
- Iran’s military and leaders say they will never lose control of the strait.
- Gulf countries and the international community view the strait as an open waterway without tolls.
- Talks between Iran and the US on nuclear issues are stalled, with Iran linking ship passage to negotiations.
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