Iran, US set new conditions during Hormuz talks: What does this mean?

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The United States and Iran have exchanged new demands during negotiations for the reopening of the Strait of Hormuz, raising new doubts about prospects for a wider deal to end their five-month war.While the US has said it is involved directly in the talks, Iran has said it is talking directly only with Oman, with which it proposes sharing future management of the critical waterway, through which one-fifth of the world’s oil and liquefied natural gas supplies were shipped before the US-Israel war on Iran began at the end of February.Recommended Stories list of 3 itemslist 1 of 3Oil prices, stocks surge as Hormuz closure drags onlist 2 of 3Iran hierarchy consolidation as IRGC veteran tapped for key security rolelist 3 of 3Trump demands compensation from Iran as talks on Strait of Hormuz continueend of listOn Monday, US President Donald Trump said he would demand compensation from Iran for deaths and injuries linked to conflicts and attacks over several decades after Iran last week issued new demands for reparations for the war and said it would not reopen the strait until Washington meets its political and economic conditions.Experts said broader peace negotiations between the two co...

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