Iran's New Leader Vows Retaliatory Actions, Threatens Strait of Hormuz Blockade

Published: Mar 14, 2026 15:01
Iran’s Supreme Leader Mojtaba Khamenei issued his first statement since taking office. The statement stressed that Iran would not abandon its retaliatory actions and would employ a range of strategic measures, including blocking the Strait of Hormuz, and open new theaters of operation if necessary. At the same time, he called on neighboring countries to shut down military bases within their territories that were being used by the US, and made clear that Iran’s strikes would target only the relevant military facilities. The statement also noted that Iran would inevitably secure the compensation it deserved from its enemies. In addition, Iran’s deputy foreign minister revealed that Iran had approved the passage of some vessels through the Strait of Hormuz.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【SMM Aluminum Flash News】Wan'an Technology Reports 14.39% Revenue Growth, 15.33% Net Profit Increase
42 mins ago
【SMM Aluminum Flash News】Wan'an Technology Reports 14.39% Revenue Growth, 15.33% Net Profit Increase
Read More
【SMM Aluminum Flash News】Wan'an Technology Reports 14.39% Revenue Growth, 15.33% Net Profit Increase
【SMM Aluminum Flash News】Wan'an Technology Reports 14.39% Revenue Growth, 15.33% Net Profit Increase
Wan'an Technology released its 2025 annual report on April 17. In 2025, the company achieved total operating revenue of 4.96 billion yuan, a year-on-year increase of 14.39%; net profit attributable to the parent company of 213 million yuan, a year-on-year increase of 15.33%; net profit excluding non-recurring items of 170 million yuan, a year-on-year increase of 21.49%; and net cash flow from operating activities of 243 million yuan, a year-on-year decrease of 5.15%.
42 mins ago
【SMM Aluminum Flash News】Yili Zhongming Xixiang Aluminum to Reach Full Operation by End of April
44 mins ago
【SMM Aluminum Flash News】Yili Zhongming Xixiang Aluminum to Reach Full Operation by End of April
Read More
【SMM Aluminum Flash News】Yili Zhongming Xixiang Aluminum to Reach Full Operation by End of April
【SMM Aluminum Flash News】Yili Zhongming Xixiang Aluminum to Reach Full Operation by End of April
Yili Zhongming Xixiang Aluminum Industry Co., Ltd. will be fully operational by the end of April. Since its trial operation began on April 7, it has been producing 300 square meters of aluminum single panels per day. After full operation, the daily output will reach 1,300 square meters, with an annual output of 200,000 square meters of curtain wall aluminum single panels and an estimated annual output value of 40 million yuan. This company is a subsidiary of Xinjiang Zhongming Xixiang New Materials Co., Ltd., with a total investment of 10 million yuan and leasing 4,300 square meters of standardized factory buildings in the industrial park. The company's market covers Yili Prefecture and the five Central Asian countries.
44 mins ago
【SMM Aluminum Flash News】Xingren City's Aluminum Industry Sees 24.4% Growth, Boosting Local Economy
45 mins ago
【SMM Aluminum Flash News】Xingren City's Aluminum Industry Sees 24.4% Growth, Boosting Local Economy
Read More
【SMM Aluminum Flash News】Xingren City's Aluminum Industry Sees 24.4% Growth, Boosting Local Economy
【SMM Aluminum Flash News】Xingren City's Aluminum Industry Sees 24.4% Growth, Boosting Local Economy
Since the beginning of this year, Xingren City, anchoring its positioning as the "Aluminum Capital of Guizhou," has focused on the task of high-quality economic development through the integration of coal, electricity, and aluminum, boosting production, promoting construction, and stabilizing growth, continuously activating new momentum for the development of the aluminum industry. In the first quarter, the city's aluminum and aluminum processing output value reached 5.985 billion yuan, a year-on-year increase of 24.4%, showing a "good start" with new prospects and steady progress.
45 mins ago