The US initiated airstrikes on Iran's main nuclear facilities last Saturday (21st). In response, Iran's parliament endorsed the closure of the Strait of Hormuz, a vital passage used by nearly a quarter of the world's oil tankers.Iranian Foreign Minister Abbas Araqchi, who is currently visiting Turkey, reiterated that all possible responses are on the table and that diplomatic talks wouldn't resume before Iran has retaliated.Related NewsFed Interest Rate Decision for June 2025 in United States is 4.5%, unchanged from its last period. The forecast was 4.5%.US President Donald Trump raised the prospect of regime change in Iran on social media, questioning why the current regime shouldn't be changed if it cannot make Iran great again.