US blockade Squeezes Iran & Tehran Names Price To Reopen Hormuz | Iran: the Latest News

US blockade Squeezes Iran & Tehran Names Price To Reopen Hormuz | Iran: the Latest News

Vision News
Vision News
Aug 11, 2026

Iran has issued a series of demands to the US in return for reopening the Strait of Hormuz - everything from war reparations to withdrawing regional military assets. Many of them echo the previous peace deal, so will Donald Trump accept?

On today's episode of Iran: the Latest, Venetia Rainey and Sophia Yan look at who is in a stronger position. Trump’s naval blockade has forced Tehran’s primary oil terminal on Kharg Island to grind to a halt and is pushing food inflation above 200 per cent in some cases. But Iran has just appointed a hardline new security council leader who has vowed to retain full control of Hormuz.

Plus, why Tehran has released an old video of Supreme Leader Mojtaba Khamenei, Houthi attacks on a Saudi oil refinery puts the new Saudi-Turkey-Pakistan defence pact to an early test, and Israel’s Benjamin Netanyahu explicitly rejects Donald Trump’s 15-point Gaza peace deal.