Source: Reuters
“Iran’s Revolutionary Guards said on Tuesday they would not let any oil be shipped from the Middle East if U.S. and Israeli attacks continue, prompting President Donald Trump to say the U.S. would hit Iran much harder if it blocked exports. The rhetoric did little to quell a fall in crude prices and a rally in global shares that followed Trump expressing confidence in a swift end to hostilities, even after Iran showed defiance by naming Mojtaba Khamenei as its new supreme leader. … Iranian Foreign Minister Abbas Araqchi said Tehran was unlikely to resume negotiations with the U.S, which he said had spoken of progress after three rounds of talks. ‘Still, they decided to attack us. So, I don’t think talking to the Americans anymore would be on our agenda any more,” he said in an interview with PBS.'” (03/10/26)