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Baghaei’s discussion of a new middle route through the strait of Homuz would represent progress. Photograph: Reuters Reported by: Cherry Meigh TimbolNews Content Editor Published August 3 , 2026 Iran has confirmed that discussions over the [...]
Concurrently, the U.S. this month imposed a physical blockade on the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies.
Iranian lawmakers claim the country has started depositing revenue from its toll on ships passing through the Strait of Hormuz, and that it is "in control" of the crucial waterway.
Iranian lawmakers claim the country has started depositing revenue from its toll on ships passing through the Strait of Hormuz, and that it is “in control” of the crucial waterway. PULSE POINTS WHAT HAPPENED: Iranian lawmakers claim the country has started depositing toll revenue collected from ships passing through the Strait of Hormuz into the state central bank. Hamidreza Hajibabaei, Deputy Speaker of the Iranian parliament, claimed on Thursday, “We have control over this Strait,” adding: “We are not engaged in negotiations—rather, we are making demands.” DETAIL: The Strait of Hormuz is a critical chokepoint for the global oil and fertilizer trade, and has been blockaded by Iran since the onset of hostilities with the U.S.…Open
Both Caine and Hegseth suggested the U.S. would probably help oil vessels safely through the Strait of Hormuz if the need arose.