According to the provided statements, Marco Rubio said the U.S. cannot accept Iran normalizing control of the Strait of Hormuz and described the threat as an "economic nuclear weapon" affecting global energy flows.
U.S. Secretary of State Marco Rubio said Washington cannot accept Iran normalizing control of the Strait of Hormuz and described Iran’s posture around the waterway as an "economic nuclear weapon." He said Iran is "bragging" about being able to hold 20% of the world’s energy hostage through the passage. The remarks focus on a critical global energy shipping chokepoint, where any perceived threat to oil and energy transit can affect broader risk sentiment, inflation expectations, and risk assets including cryptocurrencies.