Iran lists 3 conditions to reopen Strait of Hormuz

Iran’s top national security official has set clear terms for reopening the strategic Strait of Hormuz, a key route for global oil shipments. The demands, directed at the United States, include lifting the naval blockade of Iranian ports, paying compensation for war damages, and releasing frozen Iranian assets. In a separate development, Iran and Oman say they are close to signing an agreement on how to manage the waterway together. The strait, located between the Persian Gulf and the Gulf of Oman, is vital for about 20% of the world’s oil trade. France 24’s international affairs editor, Douglas Herbert, said the talks with Oman could signal a shift in regional diplomacy, but stressed that Washington has not yet responded to Iran’s conditions. No timeline has been given for reopening the strait, and the situation remains tense.