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Iran reiterates that it will blockade the Strait of Hormuz as a countermeasure and will study opening other potential fronts

Gate News news, on April 1, the Office of Iran’s Supreme Leader posted on social media the first remarks of Supreme Leader Mojtaba Khamenei, released that day, reaffirming that Iran will continue to use the blockade of the Strait of Hormuz as a countermeasure. The Office of Iran’s Supreme Leader also said in the remarks that Iran is studying ways to open up “other potential fronts,” and believes that the adversary in the relevant area “lacks experience and has clear weaknesses.” The remarks stated that if the fighting continues, after taking into account the relevant factors comprehensively, “these fronts will be activated.” (CCTV News)

Insider: U.S. Vice President Vance says Trump has lost patience with the Iran issue

Gate News message, April 1, according to sources, U.S. Vice President Vance held talks with an "intermediary" on the Iran conflict on Tuesday. U.S. President Trump instructed Vance to privately convey that, as long as certain U.S. demands are met—such as reopening the Strait of Hormuz—he is willing to accept a ceasefire. Vance relayed Trump's "tough" message, saying that Trump has lost patience and warning that unless Iran reaches an agreement, pressure on Iran's infrastructure will increase.

The Strait of Hormuz remains restricted for navigation, and Brent crude oil futures are holding above $100

Gate News message, April 1, although expectations of a de-escalation in the Iran war situation have warmed somewhat, navigation through the Strait of Hormuz is still constrained, and tensions have not been fully eased. Brent crude oil futures (the international crude benchmark price) are currently holding at around $100 per barrel, indicating that the market is still waiting to see whether the situation improves. Forex.com market analyst Fawad Razaqzada noted that in the absence of a clear timetable for the Strait of Hormuz to reopen and sufficient credibility, oil prices are unlikely to sustainably fall below $100.

St. Louis Fed President Musalem: The Iran war energy shock will raise overall inflation

Gate News reports that on April 1, the President of the St. Louis Fed, Mousalem, stated on Wednesday at an event hosted by the American Enterprise Institute in Washington that energy shocks related to the war with Iran will definitely impact overall inflation and may exert pressure on core prices. Mousalem said, "I expect increases in commodity prices to feed into overall inflation on a one-for-one basis, and there will be a period of high overall inflation." He added, "Core inflation will also be affected to some extent by pass-through; I will closely monitor the degree of pass-through and the correlation between the two."

Google Quantum AI Warns Crypto Wallet Encryption May Be Easier to Break Than Expected

Google Quantum AI warns that 256-bit elliptic curve cryptography may be broken in minutes with under 500,000 qubits, a 20-fold reduction from prior estimates. This urges the crypto sector to expedite the transition to post-quantum cryptography.

Trump: The U.S. will withdraw from Iran soon but without a timeline, saying Iran will not have nuclear weapons

Gate News message. On April 1, U.S. President Trump issued a statement saying that the United States will soon withdraw from Iran, but will not provide a specific timetable. Trump said Iran will not have nuclear weapons and does not want nuclear weapons; the United States does not care about nuclear materials issues and will monitor it via satellites.