Iran seeks more control of Strait or Hormuz as oil prices climb

What to know about the Iran war today:The new head of Iran's Supreme National Security Council said Tehran is planning to announce an "exclusion zone" outside the Strait of Hormuz aimed at stopping vessels it believes are attempting to transit the waterway without Iran's permission.The price of Brent crude, the international standard for oil, added 67 cents, reaching $96.95 per barrel. In the U.S., the average price of regular gas was $4.14 a gallon going into Labor Day weekend, nearly a dollar higher than last year and a record for any Labor Day weekendIran has threatened to deliver a "more intense and more painful" retaliation after the U.S. struck three Iranian oil tankers in the Persian Gulf and Gulf of Oman. 10m ago Tehran says it will announce new Strait of Hormuz "exclusion zone" The new head of Iran's Supreme National Security Council said Tehran plans to announce an "exclusion zone" outside the Strait of Hormuz aimed at vessels it believes are attempting to transit the waterway.Mohsen Rezaei's comments to Iran's state broadcaster came with few details, a day after the U.S. struck three Iranian oil tankers in response to Tehran launching ballistic missiles at U.S. warships....