Strait of Hormuz reopening remains uncertain as Iran, US hold firm

The reopening of the Strait of Hormuz remains uncertain as Iran and the United States continue to reject each other’s conditions. The US said it could maintain its naval blockade of Iran indefinitely and plans to impose further economic pressure, while Tehran insists the waterway will not reopen until sanctions are lifted and frozen assets are released. Iran has also warned that commercial vessels will require permission from its armed forces to pass. Shipping traffic through the strategic strait has fallen sharply, raising concerns over global oil supplies, economic growth and the risk of a wider regional conflict.

Credit : CGTN