Iran Sets Conditions for US to Restore Strait of Hormuz Shipping as Brent Drops to $104.5

17:17 - 28.09.2026


September 28, Fineko/abc.az. Tehran has toughened its demands on the US to restore free navigation through the Strait of  Hormuz.

Iran is demanding an immediate end to the naval blockade, the unfreezing of $24 billion in frozen assets, and a cessation of hostilities across all proxy fronts, including Yemen.

Despite the stricter terms, the news of diplomatic contacts helped ease market fears, pushing Brent crude futures down to $104.5 per barrel.