Tehran: Parliament Speaker Mohammad Bagher Ghalibaf says Iran still has significant leverage in its standoff with the United States, pushing back against remarks by President Donald Trump that Washington 'has all the cards' while Iran has none.

According to Islamic Republic News Agency, in a post shared on X late Sunday, Ghalibaf outlined what he described as the balance of 'supply' and 'demand' cards in the global energy market, arguing that the United States has already used much of its leverage, while Iran retains key options. He presented an equation comparing the two sides' tools, listing the Strait of Hormuz as 'partly played,' while pointing to the Bab al-Mandeb Strait and oil pipelines as 'unplayed' options still at Iran's disposal.

On the US side, Ghalibaf noted that Washington has already drawn on its strategic petroleum reserves and partially relied on demand management policies, while it now largely waits for further price adjustments to go forward. He also referred to seasonal energy demand, suggesting rising consumption during the US summer travel period could further limit Washington's flexibility.

Furthermore, Ghalibaf highlighted recent developments where President Trump canceled his envoys' planned visit to Pakistan, where they were due to hold talks with Iranian officials. These discussions, mediated by Pakistan, aim to end the war and reopen the Strait of Hormuz to free international navigation disrupted by US-Israeli aggression against Iran.

Iran has maintained control over the strait since the early days of the war to ensure the security of this key waterway. A ceasefire is currently in place between the US and Iran, which initially took effect on April 9, ending 40 days of intense fighting.