Iran warns against new escalation by US and allies4Photo© hindustantimes.com

Iran warns against new escalation by US and allies

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IRGC, the Iranian military's ideological arm further said that the country was prepared for a “prolonged war”.

Hopes of a peace deal being struck between the US and Iran remained vague as the latter revealed that they had shared a list of 7 conditions that Washington must meet in order to reopen the Strait of Hormuz. Mohammad Bagher Ghalibaf, Iran's top negotiator, revealed that the demands had been sent via Qatar as an intermediary, as per Iran's Tasnim news agency.

Although all 7 conditions have not been made public by either party yet, Mohsen Rezaei, head of Iran's Supreme National Security Council, revealed a few of them. "Our conditions are an end to the war on all fronts, the release of our frozen funds and an end to the naval blockade," he told Al-Jazeera.