00:00Iran says it will not reopen the Strait of Hormuz until the United States agrees to a sweeping list of
00:05demands,
00:06including lifting its blockade, removing economic sanctions, releasing frozen Iranian assets, and providing compensation for war damages.
00:15The critical waterway normally handles roughly one-fifth of the world's traded oil, making the standoff a major threat to
00:22global energy markets.
00:23Iran is separately negotiating with Oman over a potential temporary shipping corridor, but Tehran says a full reopening depends on
00:31an agreement with Washington.
00:33Meanwhile, violence involving Iran-backed Houthi rebels is escalating elsewhere in the region, adding another layer of uncertainty to an
00:41already fragile shipping route.
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