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Iran keeps Strait of Hormuz closed until US meets conditions: IRGC

08 August 2026 14:59 (UTC +04:00)

Iran has declared that the Strait of Hormuz will remain closed unless the United States agrees to its conditions, according to a statement by IRGC spokesperson Hossein Mohebi, Crypto Briefing reports.

This announcement comes amid ongoing tensions between the U.S. and Iran over control and access to the vital waterway. The assertion separates the Hormuz issue from Iran’s talks with Oman, which have been part of broader diplomatic efforts. The statement from Iran may indicate a hardening stance, complicating prospects for a quick resolution.

Observers should monitor any changes in diplomatic communications between the U.S. and Iran, especially any public statements from key figures such as President Donald Trump or Iran’s Foreign Minister Abbas Araghchi. Developments in Oman-mediated discussions could also impact market perceptions. A significant shift in transit conditions or official announcements regarding the Strait could influence market expectations ahead of the August 15 deadline.