@apnews: Iranian Foreign Ministry spokesperson Esmail Baghaei said Iran will not reopen the Strait of Hormuz until the United States ends its naval blockade on Iranian ports. Iran wants the U.S. to lift blockade, pay compensation for months of war damage, lift economic sanctions and release Iran’s frozen assets. The closure of the Strait of Hormuz, a waterway that normally carries roughly one-fifth of the world’s traded oil supplies - has become the war’s most lasting consequence. #iran #usa #trump #straitofhormuz #blockade #sanctions #oil #war