Iran's Deputy Director of the Presidential Office, Mehdi Tabatabai, has announced that the Strait of Hormuz will only be fully reopened after a new legal framework is established and past vessel toll revenues are used to compensate Iran for war-related losses. Tabatabai criticized U.S. President Trump, accusing him of actions that have led to regional conflict. Negotiations between Oman and Iran are reportedly underway to develop a "safe passage agreement" for commercial shipping through the strait. This proposal would require vessels to register with Iran and fly flags of non-hostile nations, acknowledging Iran's jurisdiction. However, the likelihood of resuming navigation this month has fallen to 12% on Polymarket, reflecting the challenges of reaching an agreement amid ongoing hostilities.