Iran Shuts Strait of Hormuz, Parliament Speaker Warns 'One-Sided Deals Are Over'

Iran has shut down the strategic Strait of Hormuz, a critical chokepoint for global oil shipments, according to a statement released by the country's Parliament Speaker. The Speaker declared that 'the era of one-sided deals is over' and warned, 'We told you: keep your word or pay the price. Reality is knocking.'

The closure represents a dramatic escalation in regional tensions, with immediate implications for global energy markets and maritime security. The Strait of Hormuz sees about 20% of the world's oil transit, making this a potentially significant supply disruption.

International markets are closely watching for further developments, including responses from key oil consumers and naval forces in the region. The statement underscores Iran's readiness to use its strategic location as leverage in diplomatic disputes.