Iran rejects US President Trump's ultimatum to reopen Strait of Hormuz, demanding revenue share for war damages.
Parliamentary Speaker Mohammad Bagher Qalibaf called Trump's threats reckless, while spokesperson Seyyed Mohammad Mehdi Tabatabaei set the new condition.
Former foreign minister Ali Akbar Velayati warned Iran could target Bab el‑Mandeb Strait, which handles about 12% of global trade.
Trump gave Tehran a Tuesday deadline to reopen Hormuz, threatening to cut power plants if it remains closed, amid rising oil prices.