Iran Demands $12 B Up‑Front to Extend 60‑Day Ceasefire in the Strait of Hormuz
Published by WarSignal Editorial · Last updated
Iran has demanded a $12 billion payment from the United States to extend a 60‑day ceasefire in the Strait of Hormuz, according to a statement from the Iranian foreign ministry.
The Iranian government said the payment would be made in advance and would secure the continuation of the ceasefire, which had been in place for the past 60 days. The demand was issued amid ongoing tensions over shipping security in the region.
The request follows a series of diplomatic exchanges between Tehran and Washington, with the United States reportedly reviewing the proposal.
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