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, Oman agree on framework regarding Hormuz, with final approval still pending from Tehran.

Iran’s Revolutionary Guards (IRGC) said on Saturday that re-opening the Strait of Hormuz is not related to Iran-Oman negotiations but conditional on the US