Iran Threatens to Prolong Strait of Hormuz Conflict Amid Escalating Tensions
The Iran-Hormuz oil demand outlook has become a major driver of crude markets, keeping Brent prices near $87 per barrel.
Tehran's cultural deputy of the Islamic Revolutionary Guard Corps, Mohammad Reza Naghdi, signaled that prolonging the US-Iran war would send a message to future administrations that 'there is a cost' to hostile advances against Iran.
The remarks deepen the diplomatic impasse between the two nations. President Trump claims the US has 'total control over the Strait of Hormuz,' while Tehran insists the strait is 'blocked' and will not reopen until Iran's conditions are met.