Iranian Parliament Speaker Ghalibaf warns Strait of Hormuz will only open under Tehran's conditions; U.S. Vice President Vance threatens military response if Iran closes it.
Macro & Markets ·
Iranian Parliament Speaker Ghalibaf stated that the Strait of Hormuz will only be accessible according to Tehran's terms, while U.S. Vice President Vance threatened military strikes should Iran move to block the passage. The competing positions reflect escalating tensions over one of the world's most critical energy chokepoints.