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Iran Says Hormuz Stays Closed Until U.S. Meets Six Sweeping Demands

Iran has effectively rejected expectations of an imminent reopening of the Strait of Hormuz, laying out sweeping conditions that would require the United States to fundamentally change its policy toward Tehran. In a statement issued by Mohammad Baqer Zolghadr, secretary of Iran's Supreme National Security Council, Tehran said the strait would remain closed until Washington ends what Iran…

Iran has announced that it will keep the Strait of Hormuz closed until the United States meets six demands, including ending hostile behavior, halting the war, withdrawing naval and air forces from Iran, compensating for war damages, providing sanctions relief, and releasing frozen Iranian assets. The statement, issued by Iran's Supreme National Security Council, suggests that the ongoing negotiations for a U.S.-Iran agreement do not address these demands, as Tehran views them as essential for reopening the strait.

The reduced shipping activity through Hormuz, despite expectations of a deal, highlights the uncertainty in the market and the differing interpretations of the negotiations between Washington and Tehran.

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