Iran Demands $12 B Upfront to Extend 60‑Day Ceasefire
Published by WarSignal Editorial · Last updated
Iran has called for a $12 billion payment in advance to extend a 60‑day ceasefire in the Strait of Hormuz, according to a statement released by Tehran.
The Iranian government said it would accept the extension only if the United States and other parties paid the full amount before the ceasefire began. No further details on the payment schedule or conditions were provided.
The demand comes amid ongoing tensions over shipping security in the Persian Gulf, with Iran seeking to leverage its strategic position in the region.
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