Irans Supreme Leader Makes First Statement Amid Rising Oil Prices and Market Volatility

March 12, 2026 • Google News World

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Iran’s Supreme Leader Issues First Statement Amid Rising Oil Prices and Market Volatility

In his first public statement as Iran’s new supreme leader, Ayatollah Ali Khamenei vowed to take revenge on the US and Israel. The comments come amid rising oil prices and market volatility.

Khamenei stated that the US bases in Iran will be attacked unless they are closed. He also emphasized the need for the Strait of Hormuz to remain closed until a war ends.

The statements were made as oil prices continued to rise, causing markets to fall. The situation has raised concerns about the potential impact on global energy supplies and economic stability.

Khamenei’s comments have been met with concern from some quarters, while others have expressed skepticism about their implications. The full extent of Khamenei’s intentions remains unclear.

The statements were issued as part of a series of live updates from various news sources, including Google News.

Source: Google News World