Iran Guards say won't reopen Hormuz without US meeting all Tehran's conditions

Iran has set preconditions for reopening the Strait of Hormuz, including compensation for war damages, complicating a potential deal to open the vital waterway. (AFP)

Iran's Revolutionary Guards said on Aug. 9 that they would not reopen the Strait of Hormuz, vital to the world economy, until the United States met Tehran's conditions set out the day before, including compensation for war damages.

Iran has imposed an effective blockade of the strait since the United States and Israel attacked in late February and wants to charge tolls for passage, striking ships it accuses of attempting to circumvent its preferred route.

Continued attacks in the waterway, which was free to transit before the war, led to the collapse of an April ceasefire. Mediators have urged both sides to return to the terms of a subsequent June memorandum that set out a path for peace talks.