A spokesman for Iran's Islamic Revolutionary Guard Corps stated on Sunday that the country would respond to any new U.S. assault with unspecified new weapons and an expansion of the conflict. President Trump indicated he is in 'deciding mode' regarding options for dealing with Iran, including potential military action, economic measures, or diplomatic efforts. He mentioned a willingness to meet with Iranian President Masoud Pezeshkian during the upcoming U.N. General Assembly in New York.
U.S. embassies across the Middle East issued security alerts on Sunday due to escalating tensions between Yemen's Iran-backed Houthi rebels and a Saudi-backed coalition. The embassies advised U.S. nationals to exercise caution and prepare for travel disruptions amid concerns of potential escalation in the region.
Oil prices fell more than 3% on Monday as tanker traffic through the Strait of Hormuz increased, despite ongoing uncertainties regarding U.S.-Iran diplomacy. Brent crude dropped to below $100.00 per barrel, down from approximately $72 a barrel in late February before the onset of the conflict.
In a separate incident, a tanker in the Strait of Hormuz was struck by an unknown projectile, resulting in minor injuries to two crew members. The U.K. Navy's Maritime Trade Operations center reported that the vessel continued to its next port of call. No group has claimed responsibility for the attack, which is under investigation.
Additionally, the U.S. has denied visas to members of President Pezeshkian's communications team for the U.N. General Assembly, as reported by Iranian state media. This decision was described as an unprecedented hostile move by the U.S. government.
Iran's Revolutionary Guard Corps has stated it is prepared for a long-term conflict, asserting that the U.S. has suffered strategic setbacks in the region. The spokesman claimed that Iran is now helping to shape a new security order. President Pezeshkian is scheduled to depart for the U.N. General Assembly on Tuesday, where he is expected to address the summit and hold meetings with other leaders.