The stalemate between the US and Iran continues; Iranian Deputy Foreign Minister says “acceptance of failure” is the prerequisite for reopening the Strait.
智通财经2026/08/15 01:16- The Iranian Deputy Foreign Minister, Kalibabadi, stated on social media that the opening and closing of the Strait of Hormuz can only be controlled by Iran. As long as the United States does not accept the reality of defeat and stop "indulging in fantasies," Iran will continue to enforce the blockade. He emphasized that the Strait of Hormuz cannot be controlled simply by a tweet, an aircraft carrier, or a political speech. Meanwhile, U.S. President Trump criticized Iran at a rally, calling it a "very evil country," and urged the American public to prepare for persistently high oil prices.
- Shipping data shows that almost no crude oil was transported through the Strait of Hormuz on Friday, with only two non-tanker vessels passing through. Although some vessels may transit with transponders turned off, the number is far below the pre-war daily average of over 130 vessels. Abu Dhabi National Oil Company reported that two of its ships were attacked while crossing the strait on Thursday night, with another vessel attacked again on Friday. The UAE National News Agency has reported on this.
- Currently, the average gasoline price in the United States is about $4.08 per gallon, up 29% from a year ago, fueling inflation and sparking voter dissatisfaction. Brent and WTI crude oil futures rose 7.76% and 6.9% respectively this week. Iranian President Pezeshkian blamed the high inflation on the U.S. port blockade and oil sanctions, while the United States threatened to increase economic pressure.
- Iranian Foreign Minister Araghchi stated that a decision to resume negotiations with the United States has not yet been made, and that mediation contacts by Qatar and Pakistan "do not constitute negotiations." Regional conflict is still escalating: the Yemeni government said Houthi forces fired six ballistic missiles at the Red Sea port of Mocha, killing four civilians; the Houthis claimed to have attacked an Aramco oil facility in Najran, Saudi Arabia, with drones.
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