According to Tasnim news agency, the essential conditions for reopening the Strait of Hormuz are the unfreezing of Iran’s foreign assets, the cessation of hostilities on all fronts, including in Lebanon, the complete lifting of the blockade, and the issuance of permits for oil sales

Iran closed the Strait of Hormuz after Israeli strikes in Lebanon. Traffic normalization by June 15 at 0.1% YES.

Iran re-shut the Strait of Hormuz Friday, citing US regional military presence and Israel's actions in Lebanon, despite a recent memorandum signed by both nations' leaders.