Iran says Hormuz reopens on day six if Washington meets its terms. Will Tehran announce a reopening by Nov 7?
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Iran did not announce a reopening of the Strait of Hormuz by Nov. 7, 2026, despite a seven-day roadmap under which Tehran said the waterway would reopen on day six if Washington met its conditions, according to CBS News. Those conditions included lifting the U.S. naval blockade of Iranian ports, waiving sanctions on Iranian oil exports, releasing roughly $12 billion in frozen Iranian assets, and observing a broader regional ceasefire covering Lebanon and Yemen. Iranian Foreign Ministry spokesman Esmaeil Baghaei said in early November the terms remained on the table, but gave no indication Washington had accepted them or that Tehran had revised its demands. Al Jazeera reported on Nov. 2 that Tehran was pushing for an accelerated ceasefire timeline, while U.S. officials said no deadline had been set for resuming military action. The strait, a critical corridor for global oil shipments, had been closed to vessels transiting without Iranian coordination since fighting escalated earlier in 2026. With negotiations unresolved, Iran's Revolutionary Guard Corps kept the closure in place past the market's Nov. 7 cutoff. The community's prediction on this question was an even split, reflecting the uncertainty around the ongoing talks.