Which solution will meet these requirements?

Explanations:

Enabling S3 Intelligent-Tiering optimizes storage costs by automatically moving data between different access tiers based on usage patterns, but it does not address the requirement to minimize internet traffic.

Enabling S3 Transfer Acceleration speeds up data transfers to S3 by routing requests through Amazon’s global edge network, but it may not reduce costs and does not prevent internet traffic.

Creating a gateway VPC endpoint for Amazon S3 allows the application to access S3 directly from the VPC without traversing the internet, effectively minimizing costs associated with data transfer and meeting the requirement for private connectivity.

An interface endpoint for Amazon S3 is not required since S3 is accessed via a gateway endpoint, and it may not provide any cost benefits while also being unnecessary for the given use case.