Market Chatter: US Demands Iran Publicly Declare Strait of Hormuz Open to Shipping

MT Newswires Live06:32

The US is demanding that Iran publicly declare all channels of the Strait of Hormuz open to shipping and pledge not to attack civilian vessels transiting the waterway, Bloomberg reported Friday, citing senior administration officials.

The officials said Washington expects talks with Tehran to continue despite renewed tensions, but warned there would be consequences if Iran fails to provide the public assurance. They also said any final agreement would require Iran to turn over its enriched uranium.

The developments come after several days of US airstrikes and Iranian retaliation, with the US blaming Iran for attacks on commercial shipping and imposing additional sanctions on Tehran.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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