Iran keeps Hormuz closed as talks with Washington remain deadlocked

Iran’s top negotiator said on Sunday the Strait of Hormuz will remain closed until Washington meets seven conditions based on the Islamabad Memorandum, as talks to end the seven-month U.S.-Israeli war on Iran remained at an impasse.

Separately, Britain’s UKMTO shipping monitor said a tanker’s master reported an engine-room strike by an “unknown projectile” in the strait. The crew was reportedly safe and there was no environmental impact. No one has claimed responsibility.

“The era of wasting time and dictating unilateral demands is over,” Parliament Speaker Mohammad Bagher Ghalibaf said, adding that Washington had made “some proposals through a mediator.”

OPEC+ has agreed in principle to keep November output targets steady, Reuters reported on Sunday, citing three sources close to the matter.

Gulf producers have been pumping well below targets because of export disruption from the war, with exports running 60-80% below normal in recent months.

Core members produced 25 million barrels per day in August, about 5 million bpd below prewar levels, according to OPEC data cited by Reuters.

In Yemen, the Houthis said they hit a major Saudi Aramco facility near Riyadh with ballistic missiles and drones, as fighting with Saudi-backed government forces intensified.

Houthi spokesman Yahya Saree said the attack was retaliation for about 60 Saudi air strikes in 24 hours, including on Sanaa. The Saudi-led coalition called the claim “misleading.” Saudi authorities and Aramco had not confirmed what caused a fire at the Aramco refinery on Saturday.