"Tehran wants a new order for the Strait of Hormuz-one that would let Iran collect fees from every ship that transits the waterway, modeled on the toll Egypt collects from vessels passing through the Suez Canal."
"The demands are sweeping: closure of all American military bases in the Persian Gulf; full reparations for U.S. strikes on Iranian territory; and the complete lifting of sanctions."
"President Donald Trump, the 'master of the deal' who has championed his ability to jawbone other nations through tariffs, has now insisted that his administration has been in fruitful negotiations with Iran."
"Iran also seeks full preservation of its missile programs and guarantees that the war won't restart, for itself and for Iran's proxy Hezbollah in Lebanon."
Following the death of Iran's supreme leader and significant military losses, the Islamic Revolutionary Guard Corps has proposed cease-fire conditions to the U.S. through intermediaries. These demands include the closure of U.S. military bases, reparations for strikes, lifting sanctions, and guarantees for missile programs. A notable demand is for a new order in the Strait of Hormuz, allowing Iran to collect fees from ships, similar to the toll system in the Suez Canal.
Read at Fortune
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