Iran holds firm on war demands, dampening hopes of Hormuz deal

Semafor is reporting that Iran doubled down on Tuesday with demands to reopen the Strait of Hormuz, insisting the US and its allies unfreeze Iranian assets and end hostilities across the region. The demands dampened hopes that Oman could broker a faster commercial shipping route outside of direct US-Iran talks. Semafor's White House correspondent reports that President Trump is increasingly concerned the conflict could damage his foreign policy legacy, with one person close to him referencing the failed Iranian hostage crisis under Jimmy Carter. Meanwhile, the US also fired on a Panama-flagged vessel attempting to break the blockade, underscoring the military dimension of the standoff.

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