Hormuz ALERT: Iran Unveils New Strategic Security Framework | What Happens Next?

Livemint

Published10 Aug 2026, 11:01 PM IST

Iran’s parliamentary National Security and Foreign Policy Commission has unanimously approved the framework of a strategic plan for security and sustainable progress in the Strait of Hormuz and Persian Gulf. Foreign Minister Abbas Araghchi said talks with Oman on managing traffic are near a deal, but reopening the Strait requires US compensation for alleged violations of a previous memorandum. Iran also rejects the old traffic separation scheme and demands a new negotiated route. Reports suggest the US may set aside nuclear demands if the Strait fully reopens.