Framing Analysis
The United States and Iran have exchanged new demands during negotiations over reopening the Strait of Hormuz, with Iran conditioning access on political and economic concessions. One-fifth of global oil and liquefied natural gas shipments previously transited the waterway before the US-Israel conflict with Iran that began at the end of February. Technical routing agreements between Oman and Iran have advanced while disputed claims persist regarding US naval control and the strait's current operational status.