U.S. Vice President pledges maximum pressure on Iran to boost Strait of Hormuz oil exports

U.S. Vice President J.D. Vance announced that the United States will continue to pressure Iran through diplomatic, economic, and military tools, aiming to boost oil and gas exports via the Strait of Hormuz and restore oil production to pre-conflict levels. He clarified that the Iranian side agrees on this, and his remarks come after a tense agreement since June to reopen the Strait of Hormuz in exchange for the release of Iranian frozen assets, an agreement that has not been fully implemented, increasing tensions in the region. Vance also emphasized that the goal is to continue extracting as much oil as possible to strengthen U.S. interests in the global energy market.

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