Iran Demands US Compensation to Reopen Hormuz

Iran has announced that it is close to reaching an agreement with Oman on a new shipping route through the Strait of Hormuz. However, according to Tehran, the agreement alone will not be enough to resume shipping.

A prerequisite is that the United States meet additional demands, including lifting sanctions, compensating Iran, ending US threats and lifting the blockade of Iranian ports.

Oman confirmed that the negotiations are proceeding constructively, while also condemning the repeated attacks on commercial vessels.

Meanwhile, the United Arab Emirates accused Iran of a missile attack on a ship linked to the state-owned Abu Dhabi National Oil Company (ADNOC). The crew was not injured. The United Kingdom Maritime Trade Operations (UKMTO) also reported that another vessel caught fire after being struck by an unknown projectile.

The Strait of Hormuz, through which approximately one-fifth of the world's oil and natural gas supplies passed before the conflict, has remained significantly restricted since the outbreak of war between Iran, the US and Israel.

(Reuters, est)