According to CoinMeta, Iranian Deputy Foreign Minister Garib Abadi stated that as long as the United States does not accept failure and continues to exert pressure, Iran will continue to restrict shipping through the Strait of Hormuz. Reuters reports that currently, the volume of oil tankers passing through the Strait of Hormuz has significantly decreased; Kpler data shows that only two ships passed through on Friday with no records of crude oil transportation. U.S. President Donald Trump stated that American citizens need to accept higher gasoline prices in order to prevent Iran from obtaining nuclear weapons. Data from the American Automobile Association indicates that the average gasoline price in the United States has risen to about $4.08 per gallon, a year-on-year increase of 29%. Iranian President Hassan Rouhani said that U.S. sanctions have exacerbated inflationary pressures within Iran. U.S. Treasury Secretary Steven Mnuchin stated that more economic measures against Iran will be announced next week.