Iran’s new Supreme Leader threatens prolonged closure of Strait of Hormuz as Middle East conflict escalates New Supreme Leader Ayatollah Mojtaba Khamenei vows to weaponize the strait against the U.S. and Israel, following his father’s death in a U.S.-Israeli airstrike. The strait handles 21% of global oil shipments; a prolonged blockade could push oil prices to $200–$300 per barrel, causing hyperinflation and fuel shortages. Khamenei demands Gulf nations expel U.S. troops or face Iranian retaliation, dismissing U.S. security guarantees as “a lie.” Iran’s hypersonic missiles could strike U.S. bases in Kuwait, Iraq and Qatar within hours, risking a major escalation. Iranian…
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