Skip to content
Finance Editorial

Strait of Hormuz: Iran Sets Conditions for Reopening

Strait of Hormuz: Iran Sets Conditions for Reopening
Kanika Sharma
Geopolitical Analyst & Editor
Published: 3 min read
AdvertisementAdvertisement

The Strait of Hormuz will not reopen unless the United States accepts Iran’s conditions, according to statements from Iranian officials. IRGC spokesman Hossein Mohbi said Iran controls the waterway and that vessels cannot transit it without Iranian permission and management.

Mohbi, quoted by Sepah News, said Iran and Oman negotiated about a month ago and reached mutually acceptable agreements on the allocation of maritime areas in the Strait of Hormuz and the division of revenues between the two countries. He said US interference had delayed implementation of the agreement.

Mohbi said Iran could open the strait within the agreed framework if the United States stops interfering and returns to the memorandum of understanding. However, he said the waterway would remain closed if Washington does not accept Iran’s conditions.

Iran strengthens military posture as Hormuz remains restricted

Mohbi also said there were no enemy warships in the Persian Gulf. He maintained that, from Iran’s military and territorial-jurisdiction perspective, vessels require Iranian permission to pass through the Strait of Hormuz.

Iranian military spokesman Mohammad Akraminia said Tehran has upgraded its military capabilities and accelerated the reconstruction of infrastructure damaged during the war. He said Iran plans to shift its posture from defense to offense to deter possible further US strikes.

Akraminia said Iran carried out several preemptive actions during the final phase of the war. He said an attack on a US military base in Jordan helped deter further US attacks. He also said the government would offer cash rewards to anyone who captures US soldiers entering Iranian territory.

Advertisement

Akraminia added that Iran has acquired new military equipment and made significant progress in rebuilding infrastructure damaged during the war. He said vessels approaching the Strait of Hormuz would be monitored before arrival and would only be allowed to pass with Iranian permission.

Qatar Foreign Ministry spokesman Majed Al-Ansari said on August 25 that US sanctions on Iran were unilateral measures rather than UN or multilateral sanctions. He urged international pressure on Israel to honour agreed plans, citing Israeli operations in Gaza and the West Bank and attacks on Syrian and Lebanese sovereignty. Ansari said he had seen no positive progress toward diplomatic compliance.

On August 26, Iranian President Masoud Pezeshkian said the latest US economic sanctions would not produce results. He said maintaining economic stability and controlling inflation were essential amid the war, economic blockade and external pressure. Pezeshkian added that managing key markets, particularly currency and foreign exchange markets, requires coordination between monetary policy institutions, the government and other state economic bodies.

🚀
⚡ Prime
Enjoy an Ad-Free Reading Experience
Plus 100+ screener conditions, historical signal analysis, DIY stock screening, FII/DII data & more.
Join Prime →
Recommended
Kanika Sharma
Geopolitical Analyst & Editor

Kanika Sharma

Kanika Sharma is a Geopolitical Analyst and Editor at BigBreakingWire. She holds a Master's degree in History from the Central University of Punjab, with an academic background in qualitative research, text analysis, and historical frameworks. At BigBreakingWire, she analyzes global trade shifts, international policies, geopolitical developments, semiconductor supply chains, manufacturing policies, and sovereign industrial initiatives. Her work combines historical context with contemporary policy and macroeconomic analysis to explain complex global developments clearly and accurately.

Last reviewed by Kanika Sharma on August 26, 2026

Disclaimer: BigBreakingWire provides news and informational content for general educational purposes only. The information presented on this website does not constitute financial, investment, tax, or legal advice. Readers should consult qualified professionals before making any financial decisions. BigBreakingWire, its authors, and editors are not responsible for any financial losses or damages arising from the use of information on this site.

Discussion

Share your take — react and comment in seconds, no login needed.

0 comments

Loading discussion…

Be civil — abusive or promotional comments get removed. No login required.

⚡ Upgrade to Prime
The Market Terminal for Serious Investors
🚫 Ad-Free Experience📊 100+ Screener Conditions🔬 Historical Signals📈 DIY Stock Screening🏦 FII/DII Data
Join BigBreakingWire Prime →