Trump Demands Compensation From Iran, Further Reducing Hopes for Hormuz Deal

US President Donald Trump has demanded that Iran pay compensation for deaths linked to wars, attacks and protests, adding a new obstacle to already difficult negotiations between Washington and Tehran. The latest demand has further reduced hopes of an immediate agreement to reopen the Strait of Hormuz.

Trump said Iran should compensate families of people who, according to him, were killed or seriously injured in attacks and conflicts involving Tehran. He also indicated that the demand would become part of future negotiations with Iran.

New Obstacle to Hormuz Deal

Iran had earlier said discussions with Oman over new shipping routes through the Strait of Hormuz were nearing the final stages. However, Tehran has maintained that the waterway can only be fully reopened if the United States meets several conditions, including compensation, an end to sanctions and a halt to military threats.

The Strait of Hormuz is one of the world's most important energy routes. Before the conflict, around 20% of global oil and LNG supplies passed through the waterway. Continued disruption has placed additional pressure on global energy markets.

Oil and Gas Prices Rise

Growing uncertainty over a potential Hormuz agreement triggered a sharp reaction in energy markets. Brent crude prices rose by more than 4%, while European gas prices also climbed by over 10%.

Tensions Continue in Yemen

Security concerns also remain around the Red Sea and Gulf of Aden. Fighting between Yemen's Houthi movement and government forces has intensified. Yemen's military said a Houthi attack on the Red Sea port city of Mocha killed seven people, while air defences reportedly intercepted 11 drones involved in the attack.

The latest developments could make US-Iran negotiations even more difficult. Any decision on reopening the Strait of Hormuz will also remain closely watched because of its potential impact on global oil prices, gas markets and international shipping.