Statement from Iran on the Strait of Hormuz: It will not open until 7 conditions are met

Iran’s Supreme National Security Council Secretary Mohsen Rezaei said the Strait of Hormuz will remain closed until Tehran’s seven conditions are met, according to the Turkish-language report. The statement signals that the key oil chokepoint is being used as leverage in negotiations rather than reopened unconditionally. No timeline or detailed list of the seven conditions was provided in the article. Traders will watch for the full list of demands and any sign of progress in talks, given the strait’s role in global crude and gas flows.