Iran says the Strait of Hormuz will remain closed until Washington meets conditions tied to an interim deal, escalating tensions over the strategically vital waterway. The announcement could disrupt global energy shipments, as the strait carries a significant share of the world’s oil and liquefied natural gas exports. U.S. officials have not indicated whether they accept Tehran’s terms. The standoff raises concerns about shipping security, market volatility, and a broader regional confrontation if negotiations fail to produce progress in coming days.
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