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New Iranian Leader Vows to Keep Global Oil Gateway Blocked

Oil prices surged on Thursday after ships came under attack in the Persian Gulf, and Iran’s supreme leader vowed revenge for U.S. and Israeli airstrikes.

1 report1 sourceMar 12, 2026, 9:04 PM
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New York TimesMar 12, 2026, 9:04 PM

New Iranian Leader Vows to Keep Global Oil Gateway Blocked

Oil prices surged on Thursday after ships came under attack in the Persian Gulf, and Iran’s supreme leader vowed revenge for U.S. and Israeli airstrikes.

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