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Breaking Posted 2 hours ago

Iran Says Strait of Hormuz Will Not Return to Pre-War Conditions

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Iran's top negotiator Qalibaf stated the Strait of Hormuz will not return to pre-war conditions, though he clarified this does not mean violating international maritime laws or blocking navigation. The comments, carried by Iranian state media, signal a continued shift in Iran's posture over the critical oil shipping lane. The Strait of Hormuz handles roughly 20% of global oil flows, making any tension there relevant to oil-linked currencies. USD/CAD and NOK pairs are most sensitive, while safe-haven flows could support USD and JPY if market uncertainty around energy supply escalates.
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