Iran’s New Leader Vows to Close Strait of Hormuz, Attack U.S. Bases Amidst Escalating Conflict
In his first public statement since succeeding his father, Ayatollah Ali Khamenei, Iran’s new Supreme Leader, Mojtaba Khamenei, has vowed to continue blocking the Strait of Hormuz and to retaliate against U.S. Military presence in the region. The declaration, read on Iranian state television on March 12, 2026, signals a continuation of Iran’s aggressive posture amidst ongoing tensions with the United States, and Israel.
Strategic Importance of the Strait of Hormuz
The Strait of Hormuz, a narrow waterway between Iran and Oman, is a critical chokepoint for global oil supplies. Approximately 20% of the world’s oil passes through the strait daily, representing an energy trade worth close to $600 billion annually SCMP. Disruptions to traffic through the strait have already caused oil prices to climb, with analysts predicting further increases if the waterway remains closed. Wood Mackenzie expects oil prices to reach $150 a barrel in the coming weeks, and potentially $200 a barrel in 2026, should the Strait of Hormuz remain closed SCMP.
Call for Removal of U.S. Forces
Khamenei urged Iran’s Gulf neighbors to close U.S. Military bases in the region, asserting that U.S. Promises of security and peace are “nothing more than a lie” SCMP. He also vowed to avenge the deaths of Iranians killed in the conflict, including those who died in a recent school attack.
Recent Attacks and Disruptions
Iran has responded to attacks by the U.S. And Israel with retaliatory strikes on U.S. Bases and commercial ships in the region. At least 14 attacks against ships in the Strait of Hormuz have been reported in the last two weeks SCMP. The Norwegian Maritime Directorate has issued a ban on Norwegian-flagged ships sailing through the Strait of Hormuz until further notice, and the International Maritime Organization (IMO) is seeking an emergency meeting to discuss the situation SCMP.
International Response
The G7 countries have agreed to explore options for providing escort to ships to ensure safe passage through the Gulf NPR. This comes as Iran maintains that its attacks are solely targeted at U.S. And Israeli interests, and not neighboring countries.
Background on Mojtaba Khamenei
Mojtaba Khamenei, 56, was appointed Supreme Leader following the death of his father, Ayatollah Ali Khamenei, in late February 2026. Israel claims Khamenei was wounded in the attack that killed his father Times Now News. As Supreme Leader, he holds the highest religious and political authority in Iran and commands the country’s armed forces.