Hormuz will reopen only after US accepts conditions: Iran
New Delhi, Aug 17 (NVI) Iran made it clear today that it will not reopen the Strait of Hormuz until the United States accepts its conditions, including lifting of the blockade, payment of compensation for months of war damage and ending economic sanctions
“It is up to the US side to stop and make amends for its illegal and destructive actions,” Iranian Foreign Ministry spokesperson Esmail Baghaei said, referring to the American blockade of Iranian ports.
Iran wants the US to lift the blockade, pay compensation for months of war damage, lift economic sanctions and release Iran’s frozen assets.
The Strait of Hormuz is a critical maritime corridor that normally carries roughly one-fifth of the world’s traded oil supplies. It has become the biggest issue of contention between the US and Iran.
The effective closure of the Hormuz has led to disruptions in global energy supplies, resulting in escalation of prices of fuel.
Ships which have tried to move across the Hormuz without the approval of Iran have been attacked and several casualties have occurred over the last four months.
Iran is holding separate talks with Oman over transit through the strait, including potentially a temporary shipping corridor. (BVI)
