Iran says Hormuz will only reopen after the U.S. ends blockades and attacks In a recent statement, Iranian President Pezehiziyan said that Iran will only reopen the strait if the U.S. ends its blockades and attacks. At the same time, Pezehiziyan confirmed that Iran and Oman plan to sign a joint Hormuz shipping route agreement on September 14. Gulf Arab foreign ministers will also attend the meeting, and the agreement will be reported to the International Maritime Organization after signing. So even if the agreement is signed on Monday, it doesn’t mean Hormuz will immediately return to normal operations. Iran is still tying the reopening of the strait to the U.S. halting its blockades and attacks. This makes me lean more toward the idea that Iran is preparing for controlled passage while continuing to use Hormuz as leverage to push the U.S. to lift its maritime blockade on Iran. Neighboring countries want to resume energy exports, and Iran also wants its oil to be shipped out. Both sides have shared motivation for negotiations. However, for now, these are still conditions proposed by Iran. While this part of the route theoretically doesn’t require U.S. approval, if the U.S. continues indiscriminate blockades, this route won’t hold much significance either. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.