We welcome any regional initiative that leads to a fair end to the war,” Iran FM Abbas Araghchi told Al-Araby Al-Jadeed, in a rare sign of a possible shift in stance from Iran, where officials have previously said they could sustain the conflict for months. “Ending the war is conditional on guarantees that it won’t be repeated and on the payment of compensation.”

Araghchi also said the strait was only shut to US ships and those of its allies.

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