Iran Says Hormuz Will Stay Closed Until U.S. Meets Its Conditions

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Iran Says Hormuz Will Stay Closed Until U.S. Meets Its Conditions

AI Summary

Iran has declared that the Strait of Hormuz will remain closed until the United States fulfills Tehran’s conditions, including ending the war and unfreezing Iranian funds. This stance raises tensions impacting oil traffic through this strategic waterway critical to global energy supply.

Iran said Tuesday that the Strait of Hormuz will remain closed unless the United States ends the war and meets Tehran’s conditions, raising the bar for a deal that would restore more oil traffic through the key waterway. Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said Washington must end the conflict and unfreeze Iranian funds held overseas before Tehran will agree to reopen the strait. Iran has also delivered additional conditions to the United States through mediators, Rezaei said in comments carried by…

World Security Politics Markets Energy Shipping Iran Strait of Hormuz oil traffic US-Iran relations shipping route energy security

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