Iran's chief negotiator, Mohammad Bagher Ghalibaf, told Iranian media on Monday that the Strait of Hormuz would be administered by Iran.

Iran commits to open transit through the Strait of Hormuz and IAEA inspections. UK warships by June 30, 2026 at 2.4% YES.

Iran asserts control over the Strait of Hormuz, demanding compliance for shipping. Traffic normalizing by June at 6.5% YES.