Following two days of renewed US military strikes, Iranian Parliament speaker Mohammad Bagher Ghalibaf issued a stern warning to the United States, stating that any further US military action will be met with retaliation. According to FX Street, Ghalibaf emphasized that Iran maintains control over access to the strategically vital Strait of Hormuz.
The Strait of Hormuz is a crucial chokepoint for global oil shipments, making Iran's assertion of control significant amid ongoing geopolitical tensions. Ghalibaf's remarks underscore Tehran's readiness to respond decisively to perceived US aggression.
For Japanese investors and markets, developments around the Strait of Hormuz remain closely watched due to the potential impact on global energy supply and price volatility in oil and related assets.