https://www.live-feeds.com/feed/iran-sets-conditions-for-reopening-strait-of-hormuz-top-security-official-rezaei-saysContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/iran-sets-conditions-for-reopening-strait-of-hormuz-top-security-official-rezaei-sayshttps://www.live-feeds.com/feed/iran-sets-conditions-for-reopening-strait-of-hormuz-top-security-official-rezaei-says#u52124Sun, 30 Aug 2026 07:16:10 +0000Iran and Oman have agreed to share revenues from the Strait of Hormuz, according to the Revolutionary Guards. While Tehran and Muscat edge toward a temporary reopening plan for the waterway, top security official Rezaei stated that reopening is conditional. Iran demands that the United States lift its blockade and claims the plan would ban US warships from the area. Despite these talks, only five ships crossed the strait in a 24-hour period as Washington maintains the waterway is already open.Why it mattersThe Strait of Hormuz is a vital global oil transit point. A prolonged closure or restric