Iranian MP says "Iran has the upper hand and is in charge of managing the Strait of Hormuz is now an indisputable principle and an objective reality"
Germany's Economy Ministry says it is continuously assessing the situation and maintaining ongoing dialogue with all market participants in the natural gas sector; welcomes state-owned energy firm SEFE's intention to step up efforts to fill gas storage
A gold mine collapsed in West Kordofan, Sudan, on Sunday, sources suggest
Iranian MP says "Iran has the upper hand and is in charge of managing the Strait of Hormuz is now an indisputable principle and an objective reality"
UK July ONS House Price Index 1.4% (prev. 2%)
China's Foreign Minister met with their Iranian counterpart; encouraged Iran and the US to exercise rationality
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 asserting Iranian control over the Strait of Hormuz is a recurring feature of periods of tension between Tehran and Western or regional powers, and statements from individual parliamentarians have historically served as signalling rather than policy, with actual disruption decisions resting with the senior security and military leadership. The channel through which such episodes transmit is well established: crude and product tanker rates, war-risk insurance premia, and the prompt crude structure tend to price threat before any physical interference occurs, and have typically retraced when rhetoric fails to escalate into action against shipping. The distinction that matters is between verbal assertion and operational steps, such as harassment of transits, seizures, or mine-related incidents, since only the latter have historically sustained a premium in freight and insurance. Worth watching is whether the language is echoed by more senior figures, any change in naval posture or insurance advisories for the waterway, and the response from the naval forces that patrol the corridor. As a single MP's statement, this sits at the low end of the escalation ladder.
Related headlines
- Yemeni Houthi Spokesperson says an important statement from the Yemeni Armed Forces on military operations inside Saudi Arabia will be released at 14:40 local time (12:40BST/07:40EDT)33 min ago
- China's FM says that "We are ready to resolutely defend Iran's rights", SNN reports48 min ago
- Iranian FM Aragchi says "The memorandum of understanding with America is in effect and we want to return to a peaceful solution"58 min ago
- Pakistan's military spokesperson says the Mekkah agreement with Saudi Arabia and Turkey will not affect Pakistan's strategic relationship with Iran, stating that the pact is defensive in nature1 hour ago
- Pakistani PM condemns the attack from Yememi Houthis in Mecca and calls on all parties to exercise restraint and step back from escalation1 hour ago
- Ukrainian President Zelensky says if Russia is prepared to agree to an energy ceasefire, it must bar any attacks on energy infrastructure in any form1 hour ago
- China's Foreign Minister met with their Iranian counterpart; encouraged Iran and the US to exercise rationality 2 hours ago
- [MARKET ANALYSIS] Crude pulls back to the benefit of metals ahead of the FOMC2 hours ago
- IRGC Navy political deputy says no vessel in the Persian Gulf, Strait of Hormuz or Sea of Oman moves outside the supervision of the IRGC Navy, adding that Iran can target any vessel anywhere if it wishes, IRNA reports2 hours ago
- PREVIEW: BoE Announcement on Thursday 17th September 2026 at 12:00 BST/07:00 EDT3 hours ago
- EUROPEAN OPEN: BAB LN trading in line, backs guidance; GLEN LN faces USD 2bln Singapore lawsuit; VOD LN could miss EUR 1.1bln OXG proceeds; Italy probes ISP IM bid for BMPS IM; RNO FP & Geely invest BRL 2bln in Brazil3 hours ago
- Iran's Major General Rezaei says "there will be no negotiations until Iran's conditions are met"3 hours ago
- Yemeni Houthis says they shot down a Saudi F15 fighter jet4 hours ago
- Newsquawk Daily European Equity Opening News - 16th September 20264 hours ago
- Iran's Foreign Minister Araghchi arrives in China for talks with Chinese Foreign Minister Wang Yi5 hours ago
- Polish airports in Lublin and Rzeszów were closed amid military aviation operations5 hours ago
- Yemeni forces are to announce a military operation at 08:30 local time (06:30BST/01:30EDT)5 hours ago
- Ukrainian media reports explosions in Kyiv, while Polish military aircraft have been activated amid Russian strikes on Ukraine5 hours ago
- Explosion reported in southern Lebanon, according to Al Jazeera5 hours ago
- China's Foreign Minister Wang Yi held talks with Iran's Foreign Minister Araghchi, according to Xinhua6 hours ago
The whole workspace, free to try.
Try it free