Tehran sets new demands to reopen Hormuz as Trump says US ‘low-keying’ negotiations
Aug 10, 2026
President Trump says the U.S. is now “semi-negotiating” with Iran, which continues to deny that it's in formal talks.
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This morning, the United States and Iran can't even agree on whether they're negotiating
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as Tehran sets out new demands to reopen the Strait of Hormuz
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President Trump told Axios on Sunday the U.S. is now low-keying talks with Iran
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saying the two sides are only, quote, semi-negotiating. Iran says there are no formal talks, only messages being exchanged through intermediaries
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And Tehran is now demanding the U.S. lift its naval blockade, withdraw forces from around Iran, lift sanctions, unfreeze Iranian assets, and pay damages from the war before the strait fully reopens
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Iran is also demanding a permanent end to the war against Iran and its allies
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Vice President J.D. Vance, though, says talks are happening, and the immediate focus is getting more oil and gas through Hormuz
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Yeah, where Iran is today, Kaylee, is that we're talking to the Iranians, of course
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We're trying to maximize the amount of oil and gas that are coming out of the Strait of Hormuz
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That's the thing that we're most focused on right now. And you see I think oil prices dipping around a barrel today sometimes a little bit lower So we just trying to make sure that we get what we need out of this particular conflict Oil prices remain elevated with no deal yet to fully reopen the
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strait. Brent crude, the global oil benchmark, rose to more than $84 per barrel, and the U.S
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benchmark topped $78. And now another flashpoint, this one in the Red Sea. Iran-backed Houthi rebels
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attacked the Yemeni port city of Mocha Sunday, killing at least seven people and injuring 30
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others, according to Yemen's military. The attack used missiles and drones and hit both military
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and civilian sites. Sometimes the most interesting part of a story never makes it into the headlines
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