Iran has put a formal price on reopening the Strait of Hormuz: compensation for war damages, among a wider list of conditions Tehran says must be met before the waterway fully reopens, according to France 24.
Iranian Foreign Minister Abbas Araghchi now says talks with mediator Oman are "approaching the final stages" — but added that reopening the strait "is subject to other conditions" beyond that track, per France 24.
Why it matters: the Strait of Hormuz is the single passage for Gulf oil and gas shipments to reach world markets, so any new sticking point in the talks keeps shipping risk — and the price pressure that comes with it — on the table.
France 24 did not detail the rest of Iran's list beyond the war-damages clause, and it is not yet clear whether Oman or other parties are willing to negotiate compensation as part of the deal. What to watch: whether Tehran's added conditions become the new bottleneck, and whether tanker traffic and insurance costs through the strait keep reflecting that uncertainty.