{"id":531681,"date":"2026-03-12T15:39:09","date_gmt":"2026-03-12T15:39:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/531681\/"},"modified":"2026-03-12T15:39:09","modified_gmt":"2026-03-12T15:39:09","slug":"strait-of-hormuz-must-remain-closed","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/531681\/","title":{"rendered":"Strait of Hormuz must remain closed"},"content":{"rendered":"<p>Iran&#8217;s new Supreme Leader Mojtaba Khamenei.<\/p>\n<p>Morteza Nikoubazl | Nurphoto | Getty Images<\/p>\n<p>Iran&#8217;s new Supreme Leader Mojtaba Khamenei said Thursday that the closure of <a href=\"https:\/\/www.cnbc.com\/2026\/03\/11\/strait-of-hormuz-closure-shipping-economy-oil.html\" rel=\"nofollow noopener\" target=\"_blank\">the Strait of Hormuz<\/a> maritime passage should be continued as a &#8220;tool to pressure the enemy,&#8221; in his first public statement since being appointed.<\/p>\n<p>Khamenei also said all U.S. military bases in the Middle East should close immediately and &#8220;those bases will be attacked,&#8221; in televised comments translated by Reuters. <\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2026\/03\/12\/oil-prices-jump-iea-record-reserve-release-markets-doubt-relief.html\" rel=\"nofollow noopener\" target=\"_blank\">Oil prices<\/a> extended gains following the statement, read out by a state TV broadcaster. The shipping of oil through the Strait of Hormuz has effectively stopped since the war began, causing global oil prices to soar. Iran warned on Wednesday that the price per barrel <a href=\"https:\/\/www.cnbc.com\/2026\/03\/12\/iran-war-persian-gulf-strait-of-hormuz-ships-uae-iraq.html\" rel=\"nofollow noopener\" target=\"_blank\">could climb to $200<\/a>.<\/p>\n<p>It&#8217;s Khamenei&#8217;s first public comments since being appointed as Iran&#8217;s supreme leader on March 9 after <a href=\"https:\/\/www.cnbc.com\/2026\/02\/28\/trump-iran-strikes-live-updates.html\" rel=\"nofollow noopener\" target=\"_blank\">the assassination<\/a> of his father, Ayatollah Ali Khamenei, in U.S.-Israeli air strikes which began in late February. <\/p>\n<p>Mojtaba Khamenei was injured in the attack on his father&#8217;s compound, which killed the ayatollah and other immediate members of the family. <\/p>\n<p>&#8220;Iran will not refrain from avenging the blood of its martyrs,&#8221; Khamenei said, calling for unity among the Iranian people.<\/p>\n<p>Khamenei, 56, is seen as <a href=\"https:\/\/www.cnbc.com\/2026\/03\/11\/five-things-to-know-about-irans-new-supreme-leader-mojtaba-khamenei.html\" rel=\"nofollow noopener\" target=\"_blank\">more hardline and conservative<\/a> than his father, although he kept a low profile in Iran before he was elected to succeed him as supreme leader.<\/p>\n<p>U.S. President Donald Trump expressed &#8220;disappointment&#8221; in his selection by Iranian senior clerics, telling Fox News: &#8220;I don&#8217;t believe he can live in peace.&#8221;<\/p>\n<p>Despite Trump&#8217;s comments, it&#8217;s unclear whether the White House is aiming for regime change in Tehran as one of its main objectives in its military operation. Experts have said that airstrikes alone are unlikely to be enough to unseat Iran&#8217;s leadership.<\/p>\n<p>There are no signs that the U.S.-Israeli strikes on Iran&#8217;s critical and military infrastructure are nearing a conclusion, with <a href=\"https:\/\/www.cnbc.com\/2026\/03\/11\/us-strikes-iran-mine-ships-strait-of-hormuz-war-oil.html\" rel=\"nofollow noopener\" target=\"_blank\">air and sea attacks intensifying<\/a> this week. Iran has also stepped up its retaliatory assaults this week, <a href=\"https:\/\/www.cnbc.com\/2026\/03\/12\/iran-war-persian-gulf-strait-of-hormuz-ships-uae-iraq.html\" rel=\"nofollow noopener\" target=\"_blank\">attacking tankers in or near the Strait of Hormuz<\/a>.<\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/03\/108277146-17733162491773316246-44521727761-1080pnbcnews.jpg\" alt=\"Energy Secretary Chris Wright: U.S. 'not ready' to escort tankers through Strait of Hormuz yet\"\/><\/p>\n<p>Khamenei said Thursday that Iran will seek compensation from enemies &#8220;or destroy their assets accordingly.&#8221;<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Iran&#8217;s new Supreme Leader Mojtaba Khamenei. Morteza Nikoubazl | Nurphoto | Getty Images Iran&#8217;s new Supreme Leader Mojtaba&hellip;\n","protected":false},"author":2,"featured_media":531682,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[202223,201766,86719,3716,4615,161,6508,87285,202437,43,195739,5897,202224,184512,202439,195736,44,32557,78865,41,39,42,40,101950,197951,195735],"class_list":["post-531681","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-lco26q","tag-ali-khamenei","tag-bp-plc","tag-breaking-news-europe","tag-breaking-news-politics","tag-business-news","tag-chevron-corp","tag-conocophillips","tag-frontline-plc","tag-headlines","tag-invesco-db-oil-fund","tag-iran","tag-ishares-global-energy-etf","tag-ishares-msci-emerging-markets-etf","tag-ishares-msci-israel-etf","tag-lp","tag-news","tag-oil-and-gas","tag-shell-plc","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-totalenergies-se","tag-united-states-brent-oil-fund","tag-united-states-oil-fund"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/531681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=531681"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/531681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/531682"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=531681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=531681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=531681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}