Iran Official: Strait of Hormuz to Stay Closed, No Nuclear Talks Until Conditions Met

This hardens two pressure points at once: the Strait of Hormuz, a chokepoint for global energy flows, and the nuclear file that underpins the wider sanctions architecture. The immediate read-through is to energy markets and shipping risk, with knock-on effects for inflation-sensitive assets and, by extension, risk appetite across crypto and tokenized real-world assets. Whether this posture is a negotiating baseline or a durable stance is the open question, and any signal of mediation or a shift in shipping conditions is what to watch.