Iran Refuses to Reopen Strait of Hormuz Until US Meets 7 Conditions, Official Says 'Era of Wasting Time' Is Over: Brent Holds Above $100
Iran holds the Strait of Hormuz reopening hostage to seven U.S. conditions, keeping oil markets tense despite recovering crude flows.
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Why It Matters
Iran says it won't fully reopen a major oil shipping route. This keeps oil prices high and makes markets nervous about supply.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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