Iran Says US Must Accept Seven Conditions to Reopen Strait of Hormuz

The framing of the Strait's reopening as contingent on US acceptance of seven conditions, rather than on any de-escalation or technical arrangement, shifts the issue from a shipping-access question into a political bargaining chip — and the explicit warning that further pressure will not reopen it removes the usual off-ramp where military posturing is followed by quiet compromise. The reference to unrestricted geographic response and to enemy assets broadly defined widens the potential scope of risk well beyond the waterway itself. For markets exposed to Gulf transit and regional energy logistics, the open question is whether the conditions are a negotiating position or a fixed demand, and whether any channel for clarifying them emerges.