According to Iranian security officials, Tehran has outlined conditions for reopening the Strait of Hormuz, including US compensation and an end to regional conflicts, while a senior official stated that Iran and Oman are still finalizing details for a joint shipping corridor.

These statements contrast with President Trump's assertion that the waterway remains open and is facilitating significant daily oil shipments, despite ongoing tensions.

Iranian Foreign Minister Abbas Araghchi and his Qatari counterpart, Sheikh Mohammed bin Abdulrahman Al Thani, met in Tehran to discuss de-escalation and security in the Strait of Hormuz. While Al Thani stated that the talks focused on dialogue and respecting freedom of navigation, the context remains unclear as previous diplomatic agreements between the U.

S. and Iran have reportedly collapsed amid ongoing regional tensions.

U.S. Treasury Secretary Scott Bessent stated that he believes the suspension of sanctions on Iran will benefit the U.S. economy in the long term. He also commented that he had expected oil prices to rise more significantly.

IAA Director General Rafael Grossi has called on Iran to restore access to inspectors, while Western nations pursue a new resolution concerning nuclear facilities and enriched uranium. Consequently, Iran remains under continued international observation regarding its compliance with nuclear oversight mechanisms.