Breaking
Iran Calls US Activity in Strait of Hormuz a 'Provocation,' Warns of Further Response
Summary
- The Iranian government said it had characterized US military activity in the Strait of Hormuz as a provocation and warned of possible further action.
- Senior Iranian officials said they had responded firmly to a series of provocative US actions and would continue to exercise their right to self-defense.
- Market participants say military tensions near the Strait of Hormuz are continuing despite talks to end the war, with both sides raising the level of military pressure at the same time.
Iran's government has labeled recent US military activity in the Strait of Hormuz a "provocation" and warned that it could take additional action.
Odaily, a crypto-focused media outlet, reported on May 10 that senior Iranian officials accused the US of carrying out a series of provocative acts in the Strait of Hormuz and said Tehran had responded firmly.
Iran said it would continue to exercise its right to self-defense and remain on guard against the possibility of renewed hostile action by the US.
The US and Iran are continuing talks to end the war, but military tensions around the Strait of Hormuz remain high. Market participants say both sides are increasing military pressure at the same time, even as negotiations continue.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
