Iran issues demands for reopening of Hormuz, including compensation for war damages

Continued attacks in the strait, which was free to transit before the war, led to the collapse of an April ceasefire.

DUBAI - Iran set preconditions on Saturday for a reopening of the Strait of Hormuz, including compensation for war damages, complicating a potential deal to open the waterway essential to the world economy.

Iran set preconditions for a reopening of the Strait of Hormuz, including compensation for war damages, complicating a potential deal to open the waterway essential to the world economy.

Iran set preconditions on Saturday for a reopening of the Strait of Hormuz, including compensation for war damages, complicating a potential deal to open the waterway essential to the world economy. Tehran has imposed an effective blockade of the strait since the United States and Israel struck Iran in

Iranian Foreign Minister Abbas Araghchi said discussions over transit and management of the strait were "approaching the final stages", but added the reopening of Hormuz "is subject to other conditions and compensation for the violation" of the June agreement.

Yeganeh Torbati, Leily Nikounazar and Aaron BoxermanTEHRAN - A top Iranian national security official delivered a sweeping set of demands on Aug 8 that he said the United States must meet before the Strait of Hormuz can reopen to maritime traffic, throwing the fate of the critical trade waterway into question.Mohammad

The Supreme National Security Council said the Strait of Hormuz will not open until the United States "corrects its behavior."

Iran Issues Trump Long List Of Demands Over Strait Of Hormuz Reopening  Forbes

The head of Iran’s Supreme National Security Council said that the waterway will remain closed until the United States meets certain conditions.

Gold touches seven-week peak on Strait of Hormuz reopening hopes  Reuters

US President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday, as expectations build for an arrangement that allows for the reopening of the critical waterway.

Oil prices fall as US officials tout progress in talks to reopen critical waterway.