Iran's Supreme National Security Council secretary, Mohsen Rezaei, stated that any agreement regarding the Strait of Hormuz must involve the cessation of military operations in Lebanon, Gaza, and Syria, emphasizing that the U.S. must demonstrate its commitment to these conditions.
The U.S. administration, led by President Donald Trump, reportedly has no intention of revisiting the June memorandum of understanding with Iran, opting instead for an 'economic D-Day' campaign aimed at pressuring Tehran. This shift in strategy highlights a move away from military engagement towards economic sanctions.
Currently, Iran has permitted a 'temporary and limited' corridor for maritime traffic through the Strait, but the future of this corridor hinges on negotiations with the U.S. Meanwhile, U.S. Central Command has been active in ensuring the safety of shipping lanes, having facilitated the passage of numerous vessels and crude oil shipments.
However, recent data indicates a significant decline in traffic through the strait, with only five ships transiting on a recent Tuesday, compared to around 130 before the onset of conflict in February