Iran’s Foreign Ministry spokesman, Nasser Baghaei, said the Strait of Hormuz will remain under Iran’s full control, reinforcing Tehran’s stated authority over a strategic chokepoint for global oil and gas exports. The declaration comes amid heightened tensions with the United States, as Iran links passage rights to broader negotiations. Market pricing indicates reduced expectations for a US-Iran agreement to restore normal traffic through the strait by the September 15 deadline, pointing to challenges in near-term diplomacy. The Strait of Hormuz is a narrow maritime passage whose disruption can affect energy shipments and international shipping. Observers are watching for statements from U.S. and Iranian officials, signs of resumed negotiations, changes in maritime policy, and updates from Oman. Significant diplomatic engagement or military maneuvers could change market expectations for a near-term resolution. Vera is promoting live prediction-market analysis and inviting users to sign up.