Hormuz Strait to remain shut until US meets interim deal conditions, Iran says
Summary
Iran says the Strait of Hormuz will remain shut until the US meets the conditions of an interim deal, including lifting port blockades, easing oil sanctions and releasing frozen assets. The agreement has unraveled amid disputes over control of the waterway and stalled talks on a permanent settlement.
Key Points
- Iran’s top negotiator Mohammad Baqer Qalibaf said the Strait of Hormuz will stay shut until the US fulfills the June interim deal conditions.
- Tehran wants the US to lift its blockade of Iranian ports, remove oil sanctions, release frozen assets and end military threats and operations.
- The June 17 memorandum quickly unraveled after a dispute over control of the Strait of Hormuz.
- US President Donald Trump said the deal was over on July 7, and Iran later declared it suspended.
