• Iran lists six demands for US to meet before reopening Strait of Hormuz.
• Demands include ending war and aggression, lifting sanctions, and releasing frozen assets.
• US has not responded to demands, with Trump saying Washington is 'low-keying it' with Tehran.
• Former Secretary of Defense Mark Esper calls Iran's conditions 'frankly ridiculous'.
• US and Iran signed Memorandum of Understanding on June 17, but cease-fire collapsed.

Iran's demands may indicate a shift in its negotiating strategy, suggesting Tehran is seeking to leverage its control over the Strait of Hormuz to extract concessions from the US. The US response, or lack thereof, could signal its willingness to engage in further diplomacy or its preference for maintaining a hardline stance, which may have implications for regional stability and global trade.