Skip to main content

Iran denies talks to reopen Strait of Hormuz for $8B in frozen assets

Iran denies talks to reopen Strait of Hormuz for $8B in frozen assets
— Photo: Anadolu Agency

Tehran rejected reports that it was negotiating to reopen the Strait of Hormuz in exchange for the release of $8 billion in frozen Iranian assets. An unnamed official said Iran would only hold talks under its seven stated conditions.

ru

Iran on Monday denied reports that it was negotiating to reopen the Strait of Hormuz to shipping in exchange for the release of $8 billion in frozen Iranian assets, according to Anadolu Agency.

An unnamed Iranian official told the semi-official Fars News Agency that reports of such negotiations were false. The official said Tehran continued to stand by its seven conditions for negotiations and would only engage in contacts within that framework.

Media reports said US President Donald Trump was due to meet Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani on Monday to discuss the reported Iranian proposal.

Iran’s conditions include lifting the naval blockade, guaranteeing safe passage through the Strait of Hormuz for commercial vessels and oil tankers, ending unilateral sanctions, and exempting Iranian oil exports from restrictions.

Tehran is also seeking the release of its frozen assets, the retention of nuclear materials inside the country, and an end to the war.

The US and Israel launched a war against Iran on Feb. 28. A ceasefire was reached in April, but fighting between Washington and Tehran resumed in July after diplomatic efforts to resolve the conflict stalled.

OMM Bot · Shall I show you today’s 5 most read stories?

Author

Editorial board

All their articles ›
Loading next story…