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Iran sets conditions for reopening Strait of Hormuz, top security official Rezaei says

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Aug 27 (Reuters) - Iran ‌is preparing a list of conditions for ​reopening the Strait of Hormuz after mediators asked Tehran to set them ⁠out, said Mohsen Rezaei, secretary of Iran's Supreme National Security Council, adding that ending the regional war was among ​them.

Rezaei said Iran had agreed with Oman on a shipping corridor ‌through the strait, with parts of the route in Omani waters and parts in Iranian waters. Ships would use a ⁠designated central channel if the U.S. met Iran's ⁠conditions, he said through an interpreter in an Al Manar TV interview.

On Wednesday, a senior source said Iran and Oman were still working on details of an agreement on ‌the waterway after Iran's Revolutionary Guards said the two ⁠countries had agreed on how to share ‌control of the strait and its ​revenues.

A Guards spokesperson said Iran would not allow the strait to reopen unless Washington lifted what Tehran describes as ‌a blockade of Iranian ports while ​also paying compensation and ⁠removing sanctions.

Before the war began in February, the ‌strait carried roughly one-fifth of ⁠global oil and liquefied natural gas shipments. Shipping through the waterway has largely stopped since then. Ceasefire agreements announced by ​Washington and Tehran in ‌April and June were intended to restore maritime traffic, but ⁠did not hold.

(Reporting by Elwely ​Elwelly, Ahmed Tolba and Enas Alashray; Editing by ​Franklin Paul and David Gregorio)

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