Iran security council secretary says Trump suffered strategic defeat in Hormuz

This is rhetoric rather than a market-moving disclosure, but the framing matters: Tehran is presenting the Strait of Hormuz as a pressure point where it claims to have imposed costs, which keeps the waterway in the foreground of risk perception even without any operational detail. The explicit warning of costs reaching an adversary's "homeland" signals the messaging is aimed at escalation deterrence, not de-escalation. For anyone tracking energy and shipping risk, the open question is whether this remains declaratory or is followed by any concrete action in the strait.