Iran: Strait of Hormuz will reopen only after compensation is paid

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Tehran responds to US pressure

Iran has issued new threats over the Strait of Hormuz, a critical route for global oil and gas transport, following an ultimatum from US President Donald Trump. Iranian official Mehdi Tabatabaei stated that the strait would only reopen once war damages are fully compensated under a new legal framework, funded in part by transit fees.

Revolutionary Guards assert control

Iran’s Revolutionary Guards have declared that the strait will not return to its previous status, especially for the US and Israel. Tehran plans to implement a toll system and claims full control of the passage, according to Iranian media.

Trump’s ultimatum and Iranian response

Trump warned of attacks on energy facilities and bridges if Iran did not comply by 8 p.m. Tuesday (03:00 Wednesday, Cyprus time). Tabatabaei described Trump’s statements as “insults born of desperation and anger” and accused him of provoking a full-scale war in the region. Iran’s UN mission called for international intervention to prevent what it described as potential war crimes.

UAE stresses maritime security

UAE official Anwar Gargash said any resolution must guarantee access to the Strait of Hormuz. He warned that a deal failing to control Iran’s nuclear, missile, and drone programs could destabilise the region further. Gargash stressed that the strait cannot be used as a weapon and freedom of navigation is a global economic imperative.

Regional and international cooperation

The UAE is prepared to participate in international efforts under US leadership to secure shipping through the strait. Gargash noted that decades of worst-case scenarios for the UAE now involve a full Iranian attack, but the country remains resilient. He praised support from France and the US, particularly for strengthening UAE air defence capabilities.


Australia Secures Fuel Supplies Beyond May

Fuel shortages easing

Australia has secured fuel supplies extending beyond May, with shortages at service stations easing, Energy Minister Chris Bowen confirmed. Diesel shortages have dropped to 3.4% of stations, lower than on Saturday.

Government and industry coordination

Bowen emphasised continued cooperation with industry and trade partners to maintain fuel supply. He expressed satisfaction with responses from Southeast Asian partners, recognising their role as reliable energy suppliers to Australia.


Also read: Tehran warns of “more destructive” retaliation if political targets are struck
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