- Iran is drafting conditions to reopen the Strait of Hormuz—key demands include ending the regional war and Washington lifting its blockade, paying compensation and removing sanctions.
- Tehran says it and Oman have agreed on a shared shipping corridor with a designated central channel, but the route would only be used if the U.S. meets Iran's terms.
- The strait once carried about one-fifth of global oil and LNG shipments, but traffic has largely stopped since the war—raising big implications for energy markets.
The news, distilled into what matters.
Get the full experience in the app — topics, comments, and audio summaries.