Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated that the crucial Strait of Hormuz will remain closed to oil tankers until significant concessions are made by the United States. These concessions specifically include the lifting of all oil sanctions imposed on Iran. Ghalibaf further demanded the release of Iranian frozen assets currently held abroad. He also called for an end to the U.S. blockade against the country. This firm stance underscores Iran’s commitment to leveraging its strategic control over the vital waterway. The announcement represents a direct response to ongoing economic pressures faced by Iran due to international sanctions. This situation raises concerns about global oil supplies and maritime security in the region.