Iran's Parliament Speaker has declared that the Strait of Hormuz remains Tehran's greatest source of leverage and that the country will not retreat on its sovereign rights over the waterway.
The statement, reported by multiple wire services, underscores a fundamental shift in Iran's maritime policy, with officials asserting that the chokepoint will never return to its pre-war operational status.
The remarks come as a counterweight to recent diplomatic signals from Washington.
Vance recently ruled out the imposition of tolls on shipping through the Strait, a move interpreted by markets as a step toward de-escalation.
However, Tehran's insistence on exclusive management responsibility for the corridor suggests that geopolitical friction in the region remains unresolved, keeping risk premiums embedded in energy and freight markets.
For traders, the divergence between US de-escalation rhetoric and Iranian hardline posturing creates a volatile backdrop for global energy flows.