Iran's Ghalibaf says any US military action will be met with retaliation

Iranian Parliament speaker Mohammad Bagher Ghalibaf warned the United States (US) after two days of renewed US strikes, saying that any U.S. military action will prompt retaliation. Ghalibaf emphasized that access to the Strait of Hormuz remains under Iranian control.

“America still hasn’t learned that bullying and breaking promises are no longer cost-free. Let me put it plainly: if you strike, you’ll get hit. Don’t flail around pointlessly, or you’ll sink even deeper: the Strait of Hormuz will only open with ‘Iranian arrangements,’ not American threats,” said Ghalibaf on X.

The Kuwaiti military said on Thursday that the country’s air defenses are intercepting “hostile missile and drone attacks,” and Kuwait is responding to 'hostile’ missile, drone attacks. Meanwhile, missile s are sounding in Bahrain and Qatar after the US launched fresh airstrikes against Iran.

Market reaction

At the time of writing, the West Texas Intermediate (WTI) is down 0.79% on the day at $73.95.