Iranian Deputy Speaker of Parliament says "Strait of Hormuz will never be opened, there has been no negotiation and there will be no negotiation", Fars reports

This headline signals a firm stance from Iran regarding the Strait of Hormuz, a critical chokepoint for global oil transport. The absence of negotiations implies a heightened risk of tensions, which could lead to supply disruptions and impact oil prices significantly. Traders should be mindful of potential safe-haven plays or volatility in energy markets as this situation develops.