U.S. Secretary of Defense Warns: Iran Will Face Heavy Strikes if It Blocks the Strait of Hormuz

GateNews

Gate News reports that on March 10, U.S. Secretary of Defense Lloyd Austin stated that if Iran takes any action to block the flow of oil through the Strait of Hormuz (a globally important oil transportation route), Iran will face a heavier blow than ever before.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

China's Financial Law Draft Consultation Ends; Digital Currency Legal Status, Crypto Asset Regulation Largely Absent

China's Financial Law Draft aims to unify financial legislation, granting regulators expansive investigative powers. While it strengthens oversight, it lacks focus on emerging sectors like AI and digital currencies, highlighting the need for balance between regulation and innovation.

GateNews44m ago

Iran's Foreign Ministry Spokesman Accuses U.S. of War Crimes Over Blockade

Iran's Foreign Ministry spokesman Baghaei condemned the US blockade of Iranian ports as a violation of ceasefire agreements and international law, labeling it collective punishment and potential war crimes against civilians.

GateNews1h ago

Iran Arrests 4 Suspects Over Alleged Intelligence Cooperation with U.S. and Israel

Iranian authorities in Julfa, East Azerbaijan Province, announced the dismantling of an intelligence network allegedly connected to the U.S. and Israel, leading to four arrests on April 19. The operation followed extensive surveillance by intelligence agencies.

GateNews2h ago

Iran Uses Bitcoin for Hormuz Strait Oil Transit Fees, But Stablecoins Handle Majority of Actual Fund Transfers

Iran is utilizing Bitcoin for oil transit fee settlements via the Strait of Hormuz, but stablecoins dominate actual fund transfers in these transactions.

GateNews7h ago

Galaxy Research Chief: U.S. OFAC Sanctions List Involves 518 Bitcoin Addresses

The U.S. Treasury's OFAC sanctions list includes 518 Bitcoin addresses that have significantly engaged in crypto transactions, currently holding about 9,306 BTC valued at $707 million, highlighting the relationship between cryptocurrency and financial regulation.

GateNews11h ago

French Finance Minister: Euro-Based Stablecoins Vital to European Financial Sovereignty

French Finance Minister Roland Lescure has called on European banks to aggressively develop euro-based stablecoins and tokenized deposits to challenge the overwhelming dominance of the U.S. dollar in digital payments. Key Takeaways: Roland Lescure urged EU banks to launch euro stablecoins

Coinpedia13h ago
Comment
0/400
No comments