Iran Says Strait of Hormuz Will Not Open Under Threat or Pressure

The statement is a reminder that the Strait of Hormuz remains a political instrument as much as a shipping lane, and that Tehran is framing its control over the chokepoint as non-negotiable. Energy and freight markets are the first to feel that kind of rhetoric, since any perceived risk to transit tends to show up in insurance and tanker rates before physical flows change. The open question is whether this stays declaratory or is followed by concrete action in the waterway.