Iran's parliament speaker Ghalibaf says Strait of Hormuz situation won't return to its pre-war status

Iran's parliament speaker Ghalibaf says Strait of Hormuz situation won't return to its pre-war status.

Iran's parliament speaker Ghalibaf stating that the Strait of Hormuz won't revert to its pre-war status signals a potential escalation in tensions that could threaten oil supply routes. This situation heightens geopolitical risks for energy markets, especially for WTI crude, and could drive prices upward if concerns about disruptions intensify. Traders should closely monitor market movements as this indicates a durable shift in regional dynamics rather than a temporary spike.