Iran's newly installed Supreme Leader Ayatollah Mojtaba Khamenei, who assumed power after his 86-year-old father was killed in a Feb. 28 attack, has vowed to protect Iran's nuclear and missile programs against US pressure, with Iran having enriched uranium to near-weapons-grade 60% levels. The US Navy has imposed a blockade on Iranian ports to deprive Iran of oil revenue, while Iran maintains control over the Strait of Hormuz—through which a fifth of global crude oil passes—and has been charging ships up to $2 million to transit. President Donald Trump, who cited preventing Iranian nuclear weapons as a major war justification, is proposing to reopen the strait while continuing the blockade, as Brent crude reached $126 per barrel and Pakistan mediates indirect talks. Gulf Arab nations have condemned Iran's strait control as piracy, while Iran's economy reels under pressure and a recent Iranian proposal seeks to delay nuclear negotiations.
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