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Iran and U.S. harden Hormuz demands as Trump seeks Iranian reparations

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World Desk

Energy markets context amid Hormuz disruption
Illustrative markets chart (site media) — oil/energy context for Hormuz closure; not a Strait photo

Then in a post on his Truth Social platform, the US leader said Iran should compensate families of the 17 US sailors killed in an October 2000 attack in Yemen on the naval vessel USS Cole, which was blamed on al-Qaeda not Iran. Six new conditions announced by Iran’s Supreme National Security Council on Saturday were: At the same time, Tehran said negotiations with Oman over a new shipping arrangement in the Strait of Hormuz, in which they are to define new shipping ⁠⁠⁠⁠lanes, have made progress and are in their “final stages”, according to Foreign Minister Abbas Araghchi. While the US has said it is involved directly in the talks, Iran has said it is talking directly only with Oman, with which it proposes sharing future management of the critical waterway, through which one-fifth of the world’s oil and liquefied natural gas supplies were shipped before the US-Israel war on Iran began at the end of February. On Monday, US President Donald Trump said he would demand compensation from Iran for deaths and injuries linked to conflicts and attacks over several decades after Iran last week issued new demands for reparations for the war and said it would not reopen the strait until Washington meets its political and economic conditions. The escalatory rhetoric from the US president appeared to conflict with comments made by his vice president, JD Vance, who on Saturday said he was confident about reaching a deal with Iran and the agreement would be good for the American public.

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