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Iran’s Ghalibaf Reaffirms Control Over Strait of Hormuz, Touts $50 Premium on Oil Since the Beginning of War: ‘US Narrative Laundromat…’

Sep 28, 2026 · 12:36 AM ET· updated 49m ago
Iran’s Ghalibaf Reaffirms Control Over Strait of Hormuz, Touts $50 Premium on Oil Since the Beginning of War: ‘US Narrative Laundromat…’

Mohammad Bagher Ghalibaf insists Tehran controls the Strait of Hormuz as Iran signals talks, while Trump rejects a peace proposal.

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Why It Matters

A leader in Iran said his country controls an important water route for oil shipping. When there is tension in that region, oil prices can go up or stay uncertain.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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