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Hormuz Strait to remain shut until U.S. meets interim deal conditions, Iran says

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DUBAI, Aug 18 (Reuters) - ‌The Strait of Hormuz will remain ​shut until the U.S. meets the conditions of an interim ⁠deal signed with Iran in June, the top Iranian negotiator Mohammad Baqer Qalibaf said in comments published ​by state media on Tuesday.

These conditions include the U.S. lifting ‌its blockade of Iranian ports, lifting oil sanctions, releasing Tehran's frozen assets, and ending threats and military operations ⁠on all fronts, Qalibaf told parliament.

The ⁠memorandum of understanding, clinched on June 17, quickly unravelled over a dispute about control of the Strait of Hormuz, the narrow waterway through which a fifth ‌of global oil and liquefied natural gas flowed ⁠before the war.

U.S. President Donald Trump ‌said the deal was "over" on ​July 7 and a week later Iran's foreign ministry declared it "suspended".

Under the MoU, Iran and the U.S. ‌had committed to negotiating a final ​deal — covering broader ⁠issues such as the fate of Iran's nuclear ‌programme — in a maximum ⁠of 60 days, extendable by mutual consent.

A senior Iranian official told Reuters on Monday  that Iran would now shift ​to a "fully offensive" ‌posture due to the stalled diplomatic efforts to secure ⁠a permanent end to ​the conflict.

(Reporting by Elwely Elwelly; Editing by Michael ​Georgy and Gareth Jones)

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