Iran's Parliament Speaker Says Ghalibaf The Strait Of Hormuz Situation Won't Return To Its Pre-War Status

Iran's Parliament Speaker, Mohammad Bagher Ghalibaf, stated that the situation in the Strait of Hormuz will not revert to its pre-war status. This statement may have implications for oil markets, particularly affecting the United States Oil Fund (USO), which is sensitive to changes in oil supply routes and geopolitical tensions in the region.