A post by @FirstSquawk on X.

Iranian parliament speaker Ali Qalibaf told Al Jazeera that the Strait of Hormuz will not revert to its pre-war status, framing the waterway's new arrangement as one of seven conditions Tehran is demanding. The remarks signal that Iran intends to treat the strait—through which roughly a fifth of global oil and LNG volumes normally transit—as a permanent point of leverage rather than a temporary wartime disruption. No specific terms of the seven conditions were disclosed in the initial report. Traders will watch for the full list of conditions and any follow-up on shipping traffic, insurance costs and tanker transit through the strait, given its outsized role in global energy pricing.