GeopoliticsIMPORTANT

Iranian Supreme Leader adviser Rezaei says if the blockade continues, US vessels and forces will face serious risks and casualties

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Investors expect sustained high oil prices as Iran rejects a 'second corridor' and asserts control over the Strait of Hormuz, challenging US-led international transit norms and maritime security.

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Says:"US must change its behavior or we will not tolerate this. We will never permit the opening of a second corridor in the Strait of Hormuz."

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