The Guardian Australia – Business ·business ·2 hours ago

Iran supreme leader issues defiant statement on strait of Hormuz

Iran's supreme leader broke his two-month silence Friday with a defiant statement vowing to control the Strait of Hormuz and guard the nation's nuclear and missile programs. Mojtaba Khamenei said Tehran would eliminate "enemy abuses" of the waterway after the U.S. counter-blockade pushed oil prices above $120 per barrel. The strait handles roughly one-fifth of global oil transit.

Summary by Glance · The Guardian Australia – Business

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