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Geopolitics

Iran Deputy FM Gharibabadi says "Just as Trump correctly wrote the name of the eternal Persian Gulf, his delusion regarding the Strait of Hormuz will soon be corrected too!"

StockNow breaking-news AI analysis

Geopolitical tensions escalate as Iran disputes Trump's claim of U.S. control over the Strait of Hormuz, driving Brent crude above $91 amid stalled diplomacy and transit fee threats.

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Iranian Parliamentary Speaker Ghalibaf says the Strait of Hormuz will not open until the blockade and oil embargo are lifted. Adds, "Iran is ready to inflict a heavier defeat on the enemy than before, in proportion to his actions and encroachments."

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