Iran Sets Conditions To End War With U.S. And Israel As Strait Of Hormuz Tensions Escalate
Last Updated: 12th March 2026 - 02:41 pm
Summary:
Summary: Iran’s President Masoud Pezeshkian said the conflict involving the United States and Israel can end only if Iran’s rights are recognised, reparations are paid, and international guarantees are provided against future aggression, as tensions in the Middle East entered the 12th day.
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Iranian President Masoud Pezeshkian said the ongoing conflict involving Iran, the United States, and Israel can end only if Iran’s rights are formally recognised, reparations are paid, and international guarantees are provided to prevent further attacks.
In a statement released during diplomatic calls with leaders of Russia and Pakistan, Pezeshkian said Iran remained committed to peace in the region but blamed Washington and Israel for starting the conflict.
The remarks came as the confrontation entered its 12th day, with military and economic tensions continuing to affect shipping routes and global energy markets.
Iran Warns Of Prolonged Conflict
Iranian officials indicated that the confrontation could develop into a prolonged economic and military standoff.
Ali Fadavi, adviser to the commander-in-chief of the Islamic Revolutionary Guard Corps, said the United States and Israel should prepare for the possibility of a long-term conflict.
Speaking on Iranian state television, Fadavi stated that the confrontation could turn into a sustained war of attrition with potential economic consequences for global markets.
The warning was given in a time of heightened tensions in the Middle East and concerns over international energy supply chains.
Shipping Incidents Reported In The Strait Of Hormuz
The Iranian authorities reported incidents involving commercial ships near the Strait of Hormuz, an important international shipping route through which one-fifth of the world's total oil and liquefied natural gas is transported.
According to Iranian officials, naval forces fired on two commercial vessels after they ignored warnings while entering the waterway.
The ships involved were identified as the Liberian-flagged container vessel Express Rome and the Thai bulk carrier Mayuree Naree.
Authorities in Oman said their navy rescued 20 crew members following the incident, while search operations were continuing for three missing sailors.
Images released by the Royal Thai Navy showed smoke rising from the affected vessel after the reported exchange.
Global Energy Markets React
Global energy markets are feeling the impact of the shipping disruptions. The International Energy Agency announced that its member countries would release 400 million barrels of oil from strategic reserves in an effort to address supply disruptions.
IEA Executive Director Fatih Birol said the coordinated release was intended to reduce immediate market pressure caused by disruptions in energy transport.
However, he added that restoring a stable energy supply would depend on the reopening of shipping routes through the Strait of Hormuz.
U.S. Response And Ongoing Developments
The conflict escalated after strikes conducted by the United States and Israel on February 28 targeted sites in Iran, triggering the broader regional confrontation.
U.S. President Donald Trump said efforts were underway to secure shipping lanes used by oil tankers in the region.
Speaking to reporters at the White House, Trump stated that steps were being taken to ensure safe transit for vessels moving through the Strait of Hormuz.
In a separate interview with Axios, Trump said the conflict could end soon and indicated that many military targets had already been struck.
The situation in the region continues to impact maritime security and global energy supplies as diplomatic and military developments unfold.
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