Iran's parliamentary speaker Mohammad Bagher Ghalibaf declared the Strait of Hormuz will remain under Tehran's administration, emphasizing it will not revert to pre-war conditions.
Iran will administer the Strait of Hormuz after US talks in Switzerland; agreement releases $12 billion in frozen assets. Energy chokepoint stability directly impacts commodity prices, cloud architecture decisions, and geopolitical risk assessment for global IT operations.
Iran has announced it will administer the Strait of Hormuz
Jun 23, 2026
08:42 am
What's the storyIran's chief negotiator and parliamentary speaker, Mohammad Bagher Ghalibaf, has announced that the Strait of Hormuz will be under Tehran's administration.
He said, "The Strait of Hormuz will never return to its pre-war conditions and will be administered by the Islamic Republic of Iran," according to AFP.
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