Iran Sets Conditions for Reopening Strait of Hormuz Amid US Economic Pressure

Iran's Revolutionary Guards stated they will not reopen the Strait of Hormuz until the US meets demands including compensation, an end to port blockades, and sanctions lifting. This follows Iran's effective blockade of the crucial energy waterway, impacting global markets and causing soaring fuel prices. US President Trump indicated a strategy of allowing economic pressure to mount, creating political challenges ahead of midterm elections.