Tehran: No reopening Strait of Hormuz in exchange for $8B in frozen assets
Tehran will only engage in talks under the seven conditions it conveyed to Washington, Iranian media reports, citing official
ISTANBUL
Iran denied reports on Monday that it was negotiating to reopen the Strait of Hormuz to shipping in exchange for the release of $8 billion in frozen Iranian assets.
An unnamed Iranian official told the semi-official Fars News Agency that reports of such talks were false. The official said Tehran maintains its seven conditions for negotiations and will only engage in contacts within that framework.
Media reports indicated that US President Donald Trump would meet Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani on Monday to discuss the reported Iranian proposal.
Tehran’s conditions include lifting the naval blockade, guaranteeing safe passage for commercial vessels and oil tankers through the Strait of Hormuz, lifting unilateral sanctions, and exempting Iranian oil exports from restrictions.
Iran is also seeking the release of its frozen assets, the retention of nuclear materials inside the country, and an end to the war.
The US and Israel launched a war against Iran on Feb. 28. Although a ceasefire was reached in April, fighting between Washington and Tehran resumed in July as diplomatic efforts to resolve the conflict stalled.
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