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strikeAug 11, 2026

Trump Estimated in April That the Blockade Was Costing Iran $500 Million a Day. Tehran Now Wants Washington to Pay It Back.

Summary

Oman and Iran are negotiating over the Strait of Hormuz, but their talks will not lead to a proper reopening of the critical commercial waterway unless the United States agrees to Tehran’s requests, Iran said on Monday.

Source: Georgia Gilholy — Read the full report

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  • Georgia GilholyBy Georgia Gilholy

    Oman and Iran are negotiating over the Strait of Hormuz, but their talks will not lead to a proper reopening of the critical commercial waterway unless the United States agrees to Tehran’s requests, Iran said on Monday. Partial Hormuz Opening In Sight Iranian Foreign Ministry spo…

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○ 1 source

Iranian media and the Revolutionary Guards Navy reported explosions in several parts of southern Iran, including Qeshm Island, on Saturday evening. These outlets stated that two oil tankers caught fire in the Strait of Hormuz after reportedly hitting mines.

The incidents occurred amid a US blockade of the waterway, which intensified tensions and fears of renewed American strikes.

Location: Strait of Hormuz