Iran Keeps Strait of Hormuz Closed Pending US Interim Deal Compliance

Iranian negotiator Ghalibaf announced that the Strait of Hormuz will remain closed to maritime traffic until the United States meets specific conditions of an interim ceasefire deal.

The closure has triggered a significant spike in global oil prices, which reached their highest levels since July 2026 following reports of a vessel being hit by an unknown projectile.

The US has rejected calls to extend the current ceasefire, leading to heightened tensions as Iran shifts its naval policy from defensive to a fully offensive posture.