Iran says Strait of Hormuz will remain closed until conditions are met

Iran says the Strait of Hormuz will not reopen until its stated conditions are met, reinforcing uncertainty around one of the world's most important energy corridors.
Parliament Speaker Mohammad Bagher Ghalibaf described Iran's position as non-negotiable. The stated demands include an end to the war, removal of sanctions and withdrawal of the U.S. naval blockade.
The Strait of Hormuz normally handles roughly 20% of global oil supply. According to the source, the route was briefly reopened during an April ceasefire before that arrangement collapsed within days.
A prolonged disruption would keep significant pressure on global crude flows, tanker availability and energy prices, while any negotiated reopening could rapidly reduce the geopolitical risk premium.