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

Published: Mar 14, 2026 15:01

Save

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

16 mins ago

SHFE Cast Aluminum Alloy Warrants Up 62 mt to 30,496 mt on April 15

[SMM Express] SHFE data showed that on April 15, the total registered cast aluminum alloy warrants stood at 30,496 mt, an increase of 62 mt from the previous trading day. By region, Shanghai registered 1,822 mt (down 90 mt), Guangdong 11,786 mt (down 60 mt), Jiangsu 3,909 mt (down 29 mt), Zhejiang 8,170 mt (up 151 mt), Chongqing 3,603 mt (unchanged), and Sichuan 1,206 mt (unchanged) from the previous trading day.

16 mins ago

1 hour ago

Data: SHFE, DCE market movement (Apr 15)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 15 Apr , 2026

1 hour ago

5 hours ago

Aluminum Prices Fluctuate at Highs, End-User Purchase Willingness Remains at a Weak Level [SMM Spot Aluminum Midday Review]

5 hours ago