On Saturday, Iran issued a new list of demands to allow shipping through the strait. The U.S. naval blockade has exacerbated the Iranian regime’s economic crisis, Trump said. Driving the news: An agreement governing traffic in the Strait of Hormuz was negotiated among Iran, Oman and the U.S. and has been pending for a few days now. As part of the new deal, Iran would be given partial control over traffic in the strait — something it didn’t have before the war. “[P]ermanently end the war against Iran and Iran’s allies in Lebanon, Gaza, Yemen, and Iraq.”