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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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