Iran demands $300bn to end war [View all]

Source: The Telegraph

Tehran has demanded $300bn (£235bn) from the US to end the war in Iran and open up the Strait of Hormuz.

However, it will not give up control over the strategic waterway, according to a draft agreement published by Iranian state media.

The text emerged amid expectations that JD Vance, the US vice-president, would fly to Geneva to sign a deal before next week's G7 meeting in the French Alps.

The deal is understood to be a memorandum of understanding – effectively a promise to hold further negotiations rather than a finalized peace agreement.

Read more: https://www.yahoo.com/news/world/articles/iran-demands-300bn-end-war-142019517.html