Iran's Deputy Foreign Minister Kazem Gharibabadi declared on Saturday that the Strait of Hormuz will remain under Iranian control, dismissing U.S. threats to reopen the strategic waterway.
Before the U.S.-Israel war began on February 28, one in five barrels of global oil exports passed through the strait, which Iran is currently enforcing as a blockade.
President Donald Trump urged Americans to accept gasoline prices, which reached an average of $4.08 per gallon yesterday—a 29% increase from $3.16 a year ago—to fund the ongoing conflict.