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Iranian President Masoud Pezeshkian says it's time to end the 'no war, no peace' standoff with the US, as Iran and Oman near a pact to reopen the Strait of Hormuz. But new demands from Iran's top security body, including compensation and lifted sanctions, may stall progress.
Iranian Foreign Minister Abbas Araghchi reaffirmed Tehran's commitment to the resistance path, dismissing Western pressure to change course. The statement, made amid regional tensions, underscores Iran's strategic doctrine and aims to reassure allies while signaling firmness.
Trade at Iran's Bazargan border crossing has surged, with exports up 29% to $1.1 billion in the first five months of the Iranian year. Imports also rose 15%, and transit activity increased 22%, highlighting the crossing's key role in regional trade.
Iran celebrated the Nowruz e Darya festival on March 24 along its southern coast, honoring the Persian Gulf with music, dance, and sea sports. The event drew locals and tourists, highlighting maritime cultural traditions and community pride.
Iran's Supreme National Security Council announced six new conditions for fully reopening the Strait of Hormuz, with the IRGC stressing that reopening depends on U.S. acceptance. President Pezeshkian called this the best time for a deal, while Washington's stance remains tied to reciprocal steps.
Turkey has clarified that its trilateral defense pact with Saudi Arabia and Pakistan is not directed at Iran. Foreign Minister Hakan Fidan emphasized that no country is named as a common threat, and signaled Egypt could join the alliance.
On April 14, an IRGC spokesperson called the Strait of Hormuz a strategic asset for Iran, not merely an oil route, but a means to project power and counter adversaries. The remarks come amid ongoing U.S.-Iran tensions and were made during a press briefing in Tehran.
Iran and Oman are close to finalizing a temporary agreement to coordinate maritime traffic through the Strait of Hormuz, aiming to reduce tensions and ensure shipping safety. Senior officials from both countries confirmed the negotiations, with the deal focused on emergency communication and information sharing. Analysts see it as a positive but temporary step for regional stability.
Iran has announced that the Strait of Hormuz will remain closed until the US changes its policies, raising tensions in the Gulf. The strategic waterway, which handles about 20% of global oil shipments, is now a flashpoint for potential conflict.
