Iran's Rezaee: Hormuz Won't Open by Threats or Pressure

“Benzinga's angle is that the Hormuz rhetoric could bring a geopolitical premium into crude. Crude is volatile.” — Lola Cruz, on air

On air: Hank Ledger on Europe Open
Published 3:05 AM ET, Wednesday, October 7, 2026

At a glance

First reported by Benzinga: “Iran’s Security Chief Blasts Scott Bessent as Crude Oil Prices Remain Volatile: ‘Hormuz Will Not Be Opened by Threats or Pressure’”.
Covered on BBN on Wednesday, October 7, 2026, at 3:05 AM ET on Europe Open, by Hank Ledger.
Topics: Hormuz, Iran.
BBN covered this story before: Hormuz Tanker Attacks Threaten Fragile Oil Export Rebound (October 6).

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

BenzingaIran’s Security Chief Blasts Scott Bessent as Crude Oil Prices Remain Volatile: ‘Hormuz Will Not Be Opened by Threats or Pressure’

Hank Ledger · Lead AnchorBenzinga reports Iran's security chief Rezaee rejected U.S. pressure to reopen Hormuz. Lola Cruz is live at a gas station. Lola, what are you seeing?
Lola Cruz · Senior Field CorrespondentHank, Benzinga says Rezaee declared Hormuz will not be opened by threats or pressure, while Treasury Secretary Scott Bessent mocked Tehran's oil exports amid rising tanker attacks.
Lola Cruz · Senior Field CorrespondentI covered a war zone for twenty years, and I have never seen a man pump gas this slowly.
Lola Cruz · Senior Field CorrespondentHe is staring at the price like it owes him money.
Lola Cruz · Senior Field CorrespondentBenzinga's angle is that the Hormuz rhetoric could bring a geopolitical premium into crude. Crude is volatile.
Lola Cruz · Senior Field CorrespondentThe seagull from Long Beach has apparently followed me here. #$%&! bird.
Lola Cruz · Senior Field CorrespondentBoth sides are calling the other's position a bluff. The only thing actually flowing here is the squeegee water, and that is a clog.
Hank Ledger · Lead AnchorThank you, Lola. Please do not engage the seagull. It has already beaten the Federal Reserve on inflation expectations.