In a recent statement, Mojtaba Khamenei, Iran's Supreme Leader, declared Iran's control over the Strait of Hormuz, emphasizing the country's commitment to safeguarding its nuclear and missile programs. He stated that Iran would secure the Gulf region against foreign interference, referring to the U.S. military presence as unwelcome. Khamenei's remarks come amid heightened tensions following a U.S. counter-blockade that has drastically reduced vessel traffic in the strait, which typically sees about one-fifth of global oil transit. Current traffic levels have plummeted to as low as three ships a day, compared to the normal 120-140 ships. The U.S. has responded to rising oil prices, now exceeding $120 per barrel, with military options, while Iran seeks to implement a new fee regime for the strait, asserting its right to charge for services rendered. Gulf Arab nations, particularly the United Arab Emirates, have criticized Iran's actions as piracy, and discussions between U.S. and UK officials are ongoing regarding oversight of the strait. Khamenei's statement indicates Iran's determination to maintain control over this critical waterway amidst ongoing geopolitical tensions.