Reopening the Strait of Hormuz is proving to be difficult. But even if the vital waterway fully opens and oil and other necessary cargo sail out, it won’t be enough to return things to normal.

Iran is reportedly planning to demand that shipping firms pay tolls in cryptocurrency to let their oil tankers through the Strait of Hormuz.

Oil prices rose again above $100 a barrel as initial optimism over the deal gave way to uncertainty about when passage through the Hormuz Strait might resume.

The U.S. had demanded that Iran immediately reopen the strait to all maritime traffic, but Iran said it would do so only after a final peace deal, according to Iranian officials.

Sultan Ahmed Al Jaber demanded a full reopening of the strait, warning that the oil supply disruption will increase if Iran maintains control of the passage.

Energy industry experts warn that allowing Iran to charge ships to ensure safe passage through the strait would raise energy costs.

US Navy destroyers began clearing a “new passage” through the Strait of Hormuz Saturday –marking the first time American ships crossed the channel since the start of the war. The USS Frank E. Peterson and USS Michael Murphy set off on the mission to establish an open route so that minesweepers could later clear sea mines laid by Iran’s Islamic Revolutionary Guards Corps,

JD Vance's negotiations with top Iranian officials in Pakistan turned into a marathon session that stretched past the 15-hour mark to 5:15 a.m. local time The post Strait of Hormuz Remains ‘Sticking Point’ as Marathon Vance-Iran Talks Pause After 15 Hours first appeared on Mediaite.

Unless the US agrees to a reasonable deal, there will be no change in situation at the Strait of Hormuz, sais sources close to the Iranian delegation