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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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Wall Street Hits Fresh Highs as Trump–Xi Call Fuels Trade Optimism

US stocks climbed to new records on Friday after a high-profile call between President Donald Trump and Chinese President Xi Jinping signaled progress on trade and other key issues.

The Dow Jones Industrial Average rose 0.4%, the S&P 500 gained 0.4%, and the Nasdaq Composite advanced 0.5%, marking a second straight session of all-time highs. The rally was supported by a 3% jump in Apple shares as its latest iPhones hit store shelves, with early sales data pointing to strong demand.

Trump said the leaders made headway on “many very important issues,” including trade, fentanyl, the war in Ukraine, and a framework for a TikTok deal that would allow the app to continue operating in the US under majority American ownership. Chinese state media confirmed support for a “commercial solution” but urged Washington to avoid new trade restrictions.

The upbeat tone followed a week of market-friendly developments, including the Federal Reserve’s first interest rate cut since December and Nvidia’s $5 billion investment in Intel. All three major indexes are on track for a third consecutive week of gains.



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