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The Economic Times

Global Business / The Economic Times

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Iran says Strait of Hormuz reopening depends on US accepting its conditions

Iran's Revolutionary Guard stated Strait of Hormuz reopening is conditional on US acceptance. This reopening is not linked to ongoing negotiations between Iran and Oman. A US official reported progress in talks which could reopen the vital waterway. This potential reopening could restore disrupted oil exports after five months.

8 Aug 2026 5:11 pm