Iran’s New Leader Pledges to Guard Nuclear and Missile Tech

Iran’s new supreme leader said the country will not give up its nuclear or missile technologies and signaled continued control over the Strait of Hormuz. The statement raises geopolitical risk for the Gulf and increases the chance of disruption to global energy shipping routes. Markets are likely to treat the remarks as a risk-off signal, especially for oil and broader regional assets.

Analysis

Iran’s new supreme leader said the country will not give up its nuclear or missile technologies and signaled continued control over the Strait of Hormuz. The statement raises geopolitical risk for the Gulf and increases the chance of disruption to global energy shipping routes. Markets are likely to treat the remarks as a risk-off signal, especially for oil and broader regional assets.