Iran insists it controls Hormuz as rial hits record low and exports dry up

- Hormuz: 165 events in the last 90 days
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What happened
Iran's military insisted it retained full control of Hormuz and the foreign minister said the strait could reopen within seven days if Tehran's conditions were met, after US Treasury Secretary Bessent said Iran had not loaded a single barrel of crude onto tankers in September.
Summary assembled by rule from the sources below