美、布两油延续涨势，日内涨超2美元，分别报94.05美元/桶和95.02美元/桶。

Ali Akbar Velayati warns Iran will no longer rely on signatures and written commitments; Strait of Hormuz remains Tehran's ultimate leverage

TRUMP said on Wednesday at the start of a WHITE HOUSE Cabinet meeting that if Iran expects him to soften his stance to avoid a prolonged standoff with Tehran, they are miscalculating. "They think they can outlast me. I don't care about the midterm elections," he said. During the three-month war between the US and Iran, with the Strait of Hormuz remaining closed, inf rising and gasoline prices climbing, TRUMP's approval has slipped. Critics say TRUMP has led the US into a Middle East conflict with no defined end date, despite his vow as a candidate to avoid such wars. TRUMP responded, "I don't call it a war, I call it a conflict." He signaled he is prepared to continue negotiations but did not rule out further military action. He said Iran's economy is already unsustainable, "inf rate as high as 250%."