Strait of Hormuz: Iran issues fresh conditions before final agreement negotiations

Iran has demanded access to frozen assets and the right to export oil before final agreement negotiations with the United States.

This was as its Foreign Minister, Abbas Araghchi, said that major progress had been achieved in negotiations.

Speaking on Monday, Araghchi disclosed that Iran is securing waivers for oil and petrochemical exports, the lifting of a blockade, and the release of some frozen Iranian assets.

The minister noted these came after discussions aimed at reducing tensions and establishing a framework for a broader agreement. 

According to him, the measures include easing restrictions affecting Iran’s energy exports and improving access to financial resources held abroad.

“Restrictions on Iran’s oil sales would be eased through temporary waivers, making the way for Tehran to resume energy exports and receive related revenues,” he said.