# US blockade squeezes Iran & Tehran names price to reopen Hormuz

An episode of [Iran: The Latest](https://invisiblenetwork.ai/podcast/1712903296), 10 Aug 2026, 30 min.

Audio: https://sphinx.acast.com/p/open/s/6583019ebbd71a00175001c8/e/6a79fd5f446de273c0f45a16/media.mp3

Iran has issued a series of demands to the US in return for reopening the Strait of Hormuz - everything from war reparations to withdrawing regional military assets. Many of them echo the previous peace deal, so will Donald Trump accept? On today's episode of Iran: the Latest, Venetia Rainey and Sophia Yan look at who is in a stronger position. Trump’s naval blockade has forced Tehran’s primary oil terminal on Kharg Island to grind to a halt and is pushing food inflation above 200 per cent in some cases. But Iran has just appointed a hardline new security council leader who has vowed to retain full control of Hormuz. Plus, why Tehran has released an old video of Supreme Leader Mojtaba Khamenei, Houthi attacks on a Saudi oil refinery puts the new Saudi Arabia-Turkey-Pakistan Mecca defence pact to an early test, and Israel’s Benjamin Netanyahu explicitly rejects Donald Trump’s 15-point Gaza peace deal. Highlights • US blockade squeezes Iran as main oil terminal goes dark • Tehran names price to reopen the Strait of Hormuz CONTRIBUTORS: Venetia Rainey, co-host and executive producer @venetiarainey Sophia Yan, co-host and senior foreign correspondent @sophia_yan WATCH US ON YOUTUBE: https://www.youtube.com/playlist?list=PLJnf_DDTfIVAif-vifC6F2aoPB8GIw6dk CONTENT REFERENCED: Iran names price to reopen Strait of Hormuz https://www.telegraph.co.uk/world-news/2026/08/09/iran-names-price-to-reopen-strait-of-hormuz/ As one oil chokepoint calms, Houthis threaten another https://www.telegraph.co.uk/world-news/2026/08/08/war-yemen-threatens-drag-middle-east-deeper-crisis/ Israel rejects Trump’s Gaza plan https://www.telegraph.co.uk/world-news/2026/08/09/benjamin-netanyahu-israel-donald-trump-gaza-plan-hamas/ Winner Best News and Analysis Podcast - Publisher Podcast Awards 2026 Nominated Podcast of the Year - Society of Editors News Podcasts Awards 2026 Nominated Best News, Politics and Current Affairs - British Podcast Awards 2026 The Telegraph, Winner Podcast Publisher of the Year 2026 - Publisher Podcast Awards 2026 Producer: Max Bower Video Producer: Peter Shevlin Researcher and Social Producer: Anna Hindmarsh Studio Operator: Andy Watson Executive Producer: Venetia Rainey ► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditor ► EMAIL US: Contact the team on battlelines@telegraph.co.uk ► GET THE LATEST HEADLINES: Find all our latest Iran coverage here: https://www.telegraph.co.uk/iran-war/ Hosted on Acast. See acast.com/privacy for more information.

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