Iran delays full reopening of Strait of Hormuz until U.S. acts

Iran is holding back a full reopening of the Strait of Hormuz and is conditioning the route’s return on steps by the United States. Several Iranian officials said the conditions include ending the war, lifting the blockade and sanctions, and compensation for damage from the conflict. At the same time, Iran and Oman are discussing a temporary joint shipping corridor, including mine-clearing work and arrangements for vessel traffic. According to media reports cited by those sources, ships can still pass through a limited route, but shipping flow remains far below prewar levels. Kpler data published by CNBC Indonesia showed only five ships passed on Tuesday, far from about 130 ships before the war broke out in February.