According to CoinMeta, the Iranian Revolutionary Guards stated that the Strait of Hormuz will remain closed until the United States meets their demands, which include lifting sanctions and compensating for war losses. This strengthened stance contrasts with Trump's more low-key approach. The blockade of the Strait of Hormuz has caused shock among allies, disrupted markets, and driven up prices. On Saturday, Iran's Supreme National Security Council listed conditions, including ending the war on all fronts, lifting the blockade on Iranian ports, releasing frozen assets, and providing comprehensive compensation for war losses.