Iran Blocks Hormuz Strait
Tehran demands US lift sanctions before reopening key oil route that carries a fifth of global shipments.
Story timeline16 updates
Iran and Oman's meeting on the Strait of Hormuz has been postponed.
Iran demands US pay war damage to reopen Strait of Hormuz.
US President Donald Trump demands Iran compensate victims of attacks blamed on Tehran.
Iran will charge service fees to ships from authorized countries transiting the Strait of Hormuz.
Iran demands compensation from the US for war damage.
Iran demands compensation from the US for war damage as a condition for reopening the Strait of Hormuz.
Iran demands compensation from the US for war damage as a condition for reopening the Strait of Hormuz.
Qatar’s foreign ministry stated negotiations between Oman and Iran on the Strait of Hormuz deal are now in an ‘advanced stage.’
Iran now demands $300 billion in US compensation for war damage as a condition for reopening the Strait of Hormuz.
Iran now demands $300 billion in US compensation for war damage as a condition for reopening the Strait of Hormuz.
Iran now demands the US pay compensation for war damage as a condition for reopening the Strait of Hormuz.
Iran now demands $300 billion in US compensation for war damage as a condition for reopening the Strait of Hormuz.
Iran’s Supreme National Security Council added a $300 billion compensation demand for wartime damage as a condition for reopening the Strait of Hormuz.
Iran’s Supreme National Security Council added a $300 billion compensation demand for wartime damage as a new condition for reopening the Strait of Hormuz.
Iran now demands US compensation for war damage as a condition for reopening the Strait of Hormuz.
Story published. Tehran demands US lift sanctions before reopening key oil route that carries a fifth of global shipments.
Iran and Oman are on the verge of finalising a new shipping arrangement for the Strait of Hormuz, though Iran has conditioned the waterway’s full reopening on the United States meeting demands such as lifting sanctions and ending threats. The Strait, which carried about a fifth of global oil and gas shipments before disruptions, remains a critical chokepoint in the ongoing US-Iran conflict.
Iranian Foreign Minister Abbas Araqchi stated that discussions with Oman on a new shipping route through the Strait of Hormuz are "very close" to an agreement. However, Araqchi emphasised that the previous traffic separation arrangement is no longer acceptable to Tehran. Iranian Guards spokesperson Hossein Mohebbi reinforced this position, declaring that the Strait will only reopen "whenever the United States accepts Iran's conditions." These conditions include ending US threats, sanctions, and the blockade.
Oman has described the negotiations as "positive and constructive" and called for restraint to avoid disrupting the talks. Neither Oman nor the US has publicly commented on the specifics of the proposed agreement. Meanwhile, an anonymous US official told Reuters that Washington expects an agreement between Iran and Oman soon, which could allow normal oil traffic to resume.
During the conflict, Iran has restricted shipping through the Strait and imposed tolls on some oil tankers. The disruptions have significantly impacted global energy markets, given the Strait’s role as a vital transit route for oil and gas shipments.
