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The Economic Times

Global Business / The Economic Times

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'Strait of Hormuz gives Iran strategic leverage,' says Iranian official

Iranian official Abbas-Ali Kadkhodaei said the Strait of Hormuz gives Tehran strategic leverage in global affairs, citing recent developments in the waterway. He called for faster implementation of maritime development policies. Separately, Iranian Armed Forces spokesperson Brigadier General Shekarchi claimed the US Republican Party's midterm setbacks showed Washington had failed to break Iran's resolve.

8 Nov 2026 2:45 pm