This program is about the impact of the Strait of Hormuz’s continued closure on global economy.

As illegal settlers continue attacking Palestinian villages, burning homes, and destroying olive groves in the West Bank, Israeli minister of finance Bezalel Smotrich has announced big settlement expansion, declaring West Bank annexation inevitable.

This program is about Iran's conditions for reopening the Strait of Hormuz.

Iran says direct talks with Washington remain off the table as Tehran ties the reopening of the Strait of Hormuz to US concessions, as talks with Oman over a new maritime management framework near completion.

Iran’s Army says the Strait of Hormuz will remain closed until the US changes its conduct and accepts Iran’s established order in the waterway.

The episode looks at the potential agreement between Iran and Oman over the new legal regime of the Strait of Hormuz.

Iran has been holding talks with Oman on Strait of Hormuz for the past two months.