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SMH.com.au·3 min read·hard

Iran makes dramatic new demands around Strait of Hormuz

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Patrick Sykes, Sara Gharaibeh, Cam Kettles
Iran makes dramatic new demands around Strait of Hormuz
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Iran has announced new conditions for the reopening of the Strait of Hormuz, including demands for US compensation and the withdrawal of military forces. While negotiations with Oman are ongoing, officials warn that a full reopening remains unlikely in the near term.

Why it matters

The Strait of Hormuz is a critical global energy chokepoint; continued instability threatens international oil supplies and regional security.

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— 2:51pm , first published August 9, 2026 — 9:29am

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Share A A A Istanbul/Amman/Washington : Iran said it was “very close” to a deal with Oman on a new maritime transit route in the Strait of Hormuz, even as the Islamic Republic renewed a list of demands for the US to agree to before the waterway would open.

Iranian Foreign Minister Abbas Araghchi said negotiators were closing in on a temporary maritime transit route for ships entering and exiting the Persian Gulf. But he cautioned that any agreement would not result in an immediate reopening of the strait, signalling that any respite for energy supplies might be limited.

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