Topline
Iran is demanding the U.S. lift its naval blockade, free the country from sanctions, withdraw troops from around the country and meet a list of other demands before it will re-open the Strait of Hormuz to marine traffic.
Key Facts
The list of requirements, which the Trump administration is unlikely to agree to meet, upends talks between Iran and Oman that were thought to be headed toward a re-opening of the waterway and a subsequent relaxing of global energy prices.
This is a developing story and will be updated.