Iran says Hormuz to remain closed until US meets conditions
Tehran says reopening Strait of Hormuz has been its main goal, while the US continues to focus on nuclear talks.
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Tehran says reopening Strait of Hormuz has been its main goal, while the US continues to focus on nuclear talks.
Crude flows through Hormuz have recovered, but tanker insurance costs and geopolitical risks remain barriers to a return to normality.
Iran's Foreign Minister Abbas Araghchi said Tehran expects Washington to respond to its proposal to reopen the Strait of Hormuz on Tuesday. In exchange for reopening the vital shipping route, Tehran is seeking guarantees including a regional ceasefire, the lifting of sanctions on its oil sector and an end to the US naval blockade.
Abbas Araghchi's warning comes after Washington rejected a seven-day roadmap to end the war and reopen Strait of Hormuz.
There are fears of renewed fighting between the US and Iran, after President Trump rejected a deal.
Iran is looking for alternatives to export its oil as the US blockades its southern ports.
US President Donald Trump has reportedly rejected an Iranian plan to reopen the Strait of Hormuz. The proposal was presented by Iran's Foreign Minister Abbas Araghchi to Trumpโs envoy Steve Witkoff on the sidelines of a UN gathering in New York. The plan stipulated that the important waterway would reopen seven days after an agreement was reached.
Tehran says the plan would reopen the Strait of Hormuz and resume nuclear talks within a week if Washington agrees.
Asked about the Iranian offer, a US official told the BBC "constructive discussions" were taking place through mediators.
Iranian Presidentย Masoud Pezeshkian says his country is ready to resume talks about ending the near seven-month conflict with the US but will not respond to threats. In an address to the United Nations General Assembly in New York on Wednesday, Pezeshkian also said the Islamic Republic wonโt allow freedom of navigation through the Strait of Hormuz while sanctions and a US blockade remain in place. Bloomberg's Paul Wallace has the details. (Source: Bloomberg)
Iranian President Masoud Pezeshkian told the UN General Assembly that โwarfare knows no bordersโ.
Iran says it struck the Togo-flagged tanker Trend in the Strait of Hormuz. UK maritime reports say crews were safe, but the link is not yet confirmed. The post Togo-Flagged Tanker Near Hormuz: Iran’s Strike Claim and What Is Confirmed appeared first on The Rio Times.
Iranian Foreign Minister Abbas Araghchi will meet with his Chinese counterpart Wang Yi in China on Wednesday, amid stalled diplomatic efforts to de-escalate conflicts in the Middle East. The meeting comes during the countdown to Chinese President Xi Jinpingโs visit to the United States for a summit next week with his US counterpart Donald Trump, when the war on Iran and disruption of energy shipments through the Strait of Hormuz are expected to be high on the agenda. Fighting has also erupted...
An Iranian cargo vessel was struck off Qeshm Island in the Strait of Hormuz on Sunday, killing one person and wounding four, Iranian state media said. Tehran blamed a โterrorist enemyโ for the attack, which came as threats to shipping intensified around the Hormuz and Bab el-Mandeb straits.
Iran plans to formally unveil an agreement on a temporary shipping lane through the Strait of Hormuz on Monday, after a flurry of diplomatic activity including a rare meeting between senior officials from Tehran and Abu Dhabi. The Islamic Republic is set to reveal to Gulf nations its agreement with Oman on a temporary new shipping lane, according to a person familiar with the matter. Negotiations on details such as the fees ships may be charged will continue between the two countries later, they...