Iranian Parliament Speaker Mohammad Bagher Ghalibaf reiterated on September 27, 2026, that Tehran controls the Strait of Hormuz, challenging claims from the Donald Trump administration. He pointed to oil prices carrying premiums of $35 over pre-invasion levels and $50 on dated or actual prices since the war began. Ghalibaf also warned last week that the United States could face 1970s-style fuel costs and shortages. The comments followed a September 23 incident reported by UKMTO (United Kingdom maritime security center), in which a vessel was struck by an unknown projectile in the Strait of Hormuz, leaving two casualties. Foreign Minister Abbas Araghchi said he and Iranian President Masoud Pezeshkian were signaling at the United Nations General Assembly that Tehran remained open to negotiations with the United States. Iran had proposed restoring normal maritime traffic through the strait within seven days under a broader agreement, but said Washington must return to terms set in a June memorandum of understanding. Trump said he rejected Iran’s peace proposal, while Treasury Secretary Scott Bessent said restrictions under Operation Economic Outcast had reduced external Iranian flights by 80%-90%.