Iran Demands $12 B Up‑Front for 60‑Day Ceasefire Extension
Published by WarSignal Editorial · Last updated
Iran has demanded a $12 billion payment in advance to extend a 60‑day ceasefire in the Strait of Hormuz, according to a statement released by the Iranian government. The request was made in the context of ongoing tensions over maritime security in the region.
The Iranian Foreign Ministry issued the demand, citing the need for financial security before agreeing to the ceasefire extension. No further details were provided about the terms or the parties involved.
The move follows a series of diplomatic exchanges between Iran and other regional actors concerning the safety of shipping lanes in the Strait of Hormuz.
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