Iran’s supreme leader says Tehran will protect its nuclear and missile capabilities
DUBAI, United Arab Emirates (AP) — Iran’s supreme leader said Thursday that the Islamic Republic will protect its “nuclear and missile capabilities” as a national asset, likely seeking to draw a hard line as U.S. President Donald Trump seeks a wider deal to cement the shaky ceasefire now holding in the war.
Ayatollah Mojtaba Khamenei, speaking in a written statement read by a state television anchor as he has since taking over as Iran’s supreme leader, struck a defiant tone, insisting the only place Americans belonged in the Persian Gulf is “at the bottom of its waters” and that a “new chapter” was being written in the region’s history.
However, his remarks come as Iran’s oil industry has begun to be squeezed by a U.S. Navy blockade halting its oil tankers from getting out to sea. Meanwhile, benchmark Brent crude for June delivery reached as much as $126 a barrel in trading on Thursday as Iran maintains its chokehold on the Strait of Hormuz, the narrow mouth of the Persian Gulf through which a fifth of all crude oil and natural gas traded passes.
All this is putting additional pressure on the world’s economy as Trump likely weighs how to respond.
