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Tehran Signals Defiance as Supreme Leader Vows Retaliation and Strait Closure

  A man holds a picture of Iran's new supreme leader, Mojtaba Khamenei, while people attend a funeral ceremony for the Iranian military commanders who were killed in strikes, in Tehran Iran’s Supreme Leader issued his first public remarks following the deaths of senior Iranian commanders, vowing that the country will “avenge the martyrs” and maintain the closure of the strategic Strait of Hormuz until what he described as “justice” is served. His comments, delivered during a nationally broadcast address, underscore a sharp escalation in rhetoric at a moment of heightened regional tension. The Supreme Leader framed the recent losses as sacrifices in the defense of Iran’s sovereignty, promising that those responsible “will face consequences.” He also reaffirmed Iran’s decision to keep the Strait closed, a move that has already disrupted global shipping routes and rattled energy markets. The strait, one of the world’s most critical chokepoints for oil transport, has long been a flas...
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Moscow Threatens Retaliation Over EU’s Frozen Asset Plans

 




Russian service members attend a ceremony to receive new vehicles and military equipment handed over by the Russian movement "People's Front" for the military involved in Russia-Ukraine conflict.



Russia has issued a stark warning to European nations amid reports that the European Union is exploring ways to use billions of dollars in frozen Russian assets to support Ukraine’s defense. The assets, valued between $300–$350 billion, were blocked by the U.S., EU, and UK following Moscow’s 2022 invasion of Ukraine, and are largely held in European securities depositories.

European Commission President Ursula von der Leyen is reportedly considering a plan to channel cash from maturing Russian bonds held at the European Central Bank into a “Reparations Loan” for Ukraine.

Former Russian president Dmitry Medvedev, now deputy chairman of Russia’s Security Council, vowed that Moscow would pursue any EU state attempting to seize its property “until the end of the century,” using “all possible” legal and non-legal means. The Kremlin insists such moves amount to theft and would undermine global trust in Western currencies and bonds.

European leaders argue that Russia must be held financially accountable for the destruction caused in Ukraine, but some financial experts warn that seizing sovereign assets could set a dangerous precedent for global markets.


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