Iran’s supreme leader defends control over Strait of Hormuz as global tensions escalate

VIDEO: Tensions with Iran are escalating on multiple fronts, from the strategic waters of the Persian Gulf to decisions being made here in Canada. Iran’s supreme leader is defending his country’s control over the critical oil route, while organizations and politicians alike are increasing pressure to reopen the Strait of Hormuz. The message from Iran’s leadership is clear, control of the Strait of Hormuz is central to it’s strategy. But as that message makes it’s way around the world, so do the effects of its closure. Oil prices Thursday jumped to their highest since the U.S.-Iran war began.