What are the possible effects of closing the Hormuz Strait on trade and safety in the region?
DUBAI, Aug 18 (Reuters) - The Strait of Hormuz will remain shut until the U.S. meets the conditions of an interim deal signed with Iran in June, the top Iranian negotiator Mohammad Baqer Qalibaf said in comments published by state media on Tuesday. These conditions include the U.S. lifting its blockade of Iranian ports, lifting oil sanctions, releasing Tehran's frozen assets, and ending threats and military operations on all fronts, Qalibaf told parliament
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Al Monitor (United States) | Aug 18, 2026
Channel NewsAsia (Singapore) | Aug 18, 2026
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