









NewsCommodities

Iran's Supreme Leader Mojtaba Khamenei says Strait of Hormuz should remain shut

ReutersMar 12, 2026 1:34 PM

DUBAI, March 12 (Reuters) - Iranian Supreme Leader Mojtaba Khamenei said on Thursday the Strait of Hormuz should remain closed as a tool of pressure.

In a message read out by a state TV broadcaster, the first the new supreme leader has issued since he was appointed to succeed his slain father, Mojtaba said all U.S. bases in the region should be closed as they would be attacked.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Tradingkey

Recommended Articles

Oil Pierces $100 Again as 400M-Barrel IEA Blitz Fails to Calm Markets

TradingKey - During the early Asian session on March 12 (GMT+8), international crude oil prices continued to rise. WTI crude oil futures gained nearly 8%, stabilizing above $90 per barrel, while Brent crude oil futures surged over 9%, breaking through the $100 mark.

Bitcoin Reclaims $70,000: Does the Three-Day Surge Signal a Bullish Reversal?

Bitcoin prices have risen for three consecutive days but failed to break out of the trading range, as bulls and bears remain evenly matched.

Bitcoin Price Analysis: BTC Eyes $72K Breakout Amid Mideast Supply Shocks and Short Squeeze Risk

BTC faces a critical $72K resistance amid Middle East supply shocks and a $4.3B short squeeze risk. Explore the latest btc price trends, institutional ETF outflows, and the impact of the upcoming "Clarity Act" on bitcoin’s market forecast.

Micron vs. Samsung vs. SK Hynix: Is MU Stock the Best Memory Stock for 2026?

TradingKey - Relying on strong AI demand, more memory per system, and sluggish supply response, 2026 will be the memory cycle. Micron Technology (MU) is now in an excellent competitive position today with HBM3E and looking to ramp HBM4E into Nvidia’s Vera Rubin platforms in the second half of 2026.

Nvidia GTC 2026 Preview: Two Major Architectures Launch Together, Can They Solve the AI Anxiety Dilemma?

TradingKey - NVIDIA (NVDA) GTC 2026, the world's most anticipated annual event in the global AI computing sector, will take place from March 16 to 19.

KeyAI

