Iran's Foreign Minister Araghchi says sustainable regional security requires collective responsibility, mutual respect for sovereignty and cooperation among regional countries without foreign military intervention

• Stresses combating Israeli aggression and terrorism to protect regional independence and prevent further escalation, adding that Iran prioritises its neighbours.

Statements of this kind from Iran's foreign ministry are diplomatic boilerplate rather than a policy signal; the language of collective security and opposition to foreign military presence has been a stock formulation of Iranian official rhetoric across successive administrations, typically delivered at regional forums and multilateral meetings. Episodes in which Gulf risk premia have repriced have tended to track concrete actions rather than rhetoric: strikes on shipping, attacks on energy infrastructure, direct exchanges between Iran and Israel, or visible movement of military assets. The transmission channel when events do turn kinetic runs through crude via freight and insurance costs on Gulf transit and the front of the oil curve, with gold and the yen catching a bid and the dollar firming on haven flows; abstract statements move none of these durably, and any initial uptick in crude on a headline of this kind has historically faded within the session. The distinction worth drawing is between rhetorical positioning and operational change, and the tells remain what they have always been in this theatre: tanker traffic and insurance rates in the strait, any direct rather than proxy contact, and the posture of US forces in the region. Absent those, this reads as background noise.