Iran demands billions before reopening Strait of Hormuz

Iran announces it is close to finalising an agreement with Oman to establish new shipping lanes through the Strait of Hormuz. However, Iran has issued multiple demands including compensation, sanctions relief, withdrawal of US military forces, and guarantees against future targeting of Iranian proxies before reopening the strategic waterway. Israel has rejected President Trump's proposed peace agreement for Gaza, stating its priority remains countering Iran's regional proxies and preventing Iranian nuclear capabilities.See omnystudio.com/listener for privacy information.