The Strait of Hormuz will stay closed until Iran’s demands are satisfied, IRIB reported, keeping one of the world’s most important energy transit routes at the center of regional tensions after the Iran-U.S.-Israel conflict earlier this year. Iran is seeking an end to U.S. military pressure, the lifting of sanctions and compensation for war damages. Prediction-market activity pointed to falling confidence in a near-term diplomatic breakthrough, with the implied odds of a U.S.-Iran agreement by August 15 dropping to 5.1% from 9% a day earlier, and August 31 odds sliding to 20.5% from 29%. The report said upcoming moves involving President Donald Trump and Iran’s Foreign Minister Abbas Araghchi will be closely watched, as any joint statement signaling progress could quickly reshape expectations, while failed talks or renewed military escalation may push the perceived chances lower still.