Latest Developments in US-Iran Conflict: Khamenei's Son Vows Retaliation, US Navy Plans to Enter Strait of Hormuz for Escort Operations

CryptoWorld News, March 13: Latest updates on the Iran-U.S. conflict are as follows: Iran: Supreme Leader Ayatollah Ali Khamenei issued his first statement: he will not abandon revenge, the Strait of Hormuz will remain closed, and new fronts will be opened if necessary. Media reports claimed two Indian oil tankers were approved to pass through the Strait of Hormuz, but Iranian sources denied this. Iranian officials stated that some countries’ ships are allowed to pass through the Strait of Hormuz. Many ships can still transit the strait if coordinated with the Iranian Navy. No mines have been laid. U.S.: Trump stated that the U.S. is the leading oil producer, and when oil prices rise, we can make a lot of money. U.S. Treasury Secretary Janet Yellen said that the U.S. Navy or international coalitions will always escort oil tankers as part of our plans. She believes that once military conditions permit, we will immediately escort ships through the Strait of Hormuz. U.S. media reported that the Trump administration plans to suspend the Jones Act to stabilize oil prices. CME warned that U.S. government intervention in the oil futures market could trigger an epic disaster. Israel: The Israel Defense Forces announced they have destroyed two-thirds of Iran’s ballistic missile launchers. The Israeli military said it has begun large-scale strikes in Tehran. Israeli Prime Minister Benjamin Netanyahu stated: “We have targeted more Iranian nuclear scientists; our goal is to prevent Iran from moving its nuclear and ballistic missile programs underground.”