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Iran Sets Conditions For Reopening Strait of Hormuz

Summary by NDTV
On Wednesday, a senior source said Iran and Oman were still working on details of an agreement on the waterway after Iran's Revolutionary Guards said the two countries had agreed on how to share control of the strait and its revenues.

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Iran's top national security adviser, Mohsen Rezaei, said mediators had asked Tehran to set out its conditions for reopening the Strait of Hormuz and that Iran was preparing a list. The conditions included ending the war in the region, he added. Rezaei also said Iran had agreed with Oman to create a shipping lane through the strait, with parts of it in Omani and Iranian waters. Ships would pass through a designated central channel if the United …

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Bitcoin World broke the news on Wednesday, August 26, 2026.
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