Iran has firmly stated it will continue to restrict ships passing through the Strait of Hormuz while the U.S. blockade of its ports is in effect. Iranian parliamentary Speaker Mohammed Bagher Qalibaf condemned the blockade as a misguided decision, asserting that Iran seeks peace despite deep mistrust of the United States. The Strait of Hormuz is vital for global oil trade, typically facilitating about 20% of the world's oil supply. Following a recent truce between Israel and Hezbollah, tensions have resurfaced, particularly after the U.S. reaffirmed its blockade, which has complicated mediation efforts led by Pakistan. Iran's Supreme National Security Council has labeled the blockade a breach of the ceasefire agreement, insisting on maintaining control over the strait until the conflict concludes. As negotiations continue, Iranian officials are reviewing new proposals from the U.S. but express reluctance to engage in further talks due to perceived U.S. intransigence. The standoff raises concerns about potential escalation in the region, which has already seen significant casualties from ongoing conflict.