Iranian Chairman of the National Security and Foreign Policy Commission says the Strait of Hormuz cannot be opened without Iran’s will, IRIB reports
Taiwan's cabinet has proposed an additional USD 4.6bln in defence spending for 2026
Bank of America (w/e Aug 29) Total Card Spending +3.7% Y/Y (prev. +5% in July); add that, on balance, the robust spending growth in August is consistent with the view that the slump in July was a blip
Iranian Chairman of the National Security and Foreign Policy Commission says the Strait of Hormuz cannot be opened without Iran’s will, IRIB reports
German IFO raises its 2026 growth forecast to 1.4% (prev. 0.8%) and 1.2% in 2027 (prev. 0.8%)
UK S&P Global Composite PMI Final (Aug) 52.5 vs. Exp. 52.5 (Prev. 52.2)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Rhetoric of this kind from Iranian officials over the Strait of Hormuz is a recurring feature of periods of elevated tension, and on previous occasions the pattern has been that such statements move the front of the crude curve and tanker insurance and freight costs rather than physical supply, since an actual closure has historically been threatened far more often than attempted. The distinction that matters is between signalling intended to raise the cost of pressure on Tehran and operational steps toward disruption: the former tends to add a risk premium that fades when headlines cool, the latter would involve naval deployments, harassment of shipping, or mine activity, none of which this headline asserts. The speaker is a parliamentary commission chair rather than the Supreme Leader, the IRGC, or the armed forces command, and statements from that tier have typically carried less weight than those from the bodies that actually control the strait. Worth watching is whether IRGC naval commanders echo the line, any change in tanker traffic or war-risk insurance pricing in the Gulf, and whether the remark precedes or follows a specific escalation event. As reported through state broadcasting, the statement reads as calibrated domestic and deterrent messaging rather than a decision.
Related headlines
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat4 hours ago
- Oman has quietly rejected Iran’s request to jointly charge service fees on commercial ships in the Strait of Hormuz, reports NY Post59 min ago
- Saudi Arabia reportedly sets October Arab light crude oil OSP to Asia at minus USD 2/bbl vs Oman/Dubai average, according to a pricing document2 hours ago
- US President Trump's administration is reportedly ratcheting up its fight to get more oil flowing from California, AP News reports3 hours ago
- US EQUITY OPEN: Dovish Waller helps push indices higher although AVGO guidance underwhelms3 hours ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran6 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee6 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port6 hours ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before6 hours ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass6 hours ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits7 hours ago
- [MARKET UPDATE] Gradual strength in the crude complex has put pressure on the fixed income space, with US equity futures also moving a touch lower; action which lacks a clear driver7 hours ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind8 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates8 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed9 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources9 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement9 hours ago
- Iran reportedly threatened the US with a large-scale attack if Israel launches an attack on the Ali al-Taher ridge, southern Lebanon, Reuters reports citing sources9 hours ago
- India's Trade Minister says final trade agreement between US and India will be published as soon as the US can provide India with tariff advantages 10 hours ago
- Tehran Mayor says countries such as the UAE and Saudi Arabia, are trying to get closer to Iran and receive security guarantees; US guarantees have not been able to provide a credible response to maintain their security and sustainability, Mehr reports11 hours ago
The whole workspace, free to try.
Try it free