Skip to content
Back to Guavy Wire
Commodities

Iran Vows Preemptive Action Against Threats with Improved Ballistic Missile

Instruments
Oil
Share

The Iranian government has announced that it will take preemptive action against any threat, even before it is carried out. According to state media, this new doctrine was demonstrated by a ballistic missile with improved capabilities, the solid-fueled Qassem Basir.

The Qassem Basir has a range of over 1,200 kilometers and can carry a half-ton warhead, making it a significant improvement in Iran's defense strategy. The US had previously said that this type of missile was tested against a U.S. warship, but the exact details are unclear.

The announcement comes as tensions between Iran and the US continue to escalate. The US has imposed a blockade on Iranian ports, limiting its oil exports, while Iran has announced plans to create an 'exclusion zone' near the Strait of Hormuz, which would require vessels to follow a route chosen by Tehran.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc