Iran Demands Compensation Before Reopening Strait of Hormuz

Iran has escalated its demands for the resumption of maritime traffic through the Strait of Hormuz, clarifying that progress in negotiations with Oman does not equate to an imminent return to normal shipping operations. The statement dispelled U.S. optimism about a swift resolution to the crisis affecting one of the world’s most critical energy transit corridors.

Conditions Tied to Compensation Claims

Iranian Foreign Minister Abbas Araghchi stated that Tehran and Muscat are “very close” to finalizing a new navigation framework. However, he emphasized that reopening the strait remains contingent on additional prerequisites—including Iran’s receipt of compensation for what it describes as U.S. breaches of the Islamabad Memorandum of Understanding.

Revolutionary Guards Reject Negotiation Link

The Islamic Revolutionary Guard Corps (IRGC) adopted a firmer stance, explicitly denying any connection between the bilateral talks with Oman and the potential reopening of the Strait of Hormuz.

According to Reuters, IRGC Spokesman Hossein Mohabbi told Tasnim News Agency that the strait’s reopening is governed solely by “the mechanisms and conditions set by the Islamic Republic of Iran.” He added that the decision hinges on Washington’s acceptance of Tehran’s terms—not on the outcome of discussions with Muscat.