The Strait of Hormuz is a narrow channel between Iran and Oman, and it is one of the most important oil routes on Earth. On Saturday, Aug. 8, Iran said out loud what it would take to reopen it.
The council also said the U.S. must stop attacking Iran's regional partners and stop threatening Tehran.
CNBC could not independently verify the demands, and the White House had no immediate comment.
ADNOC said the strike "resulted in no injuries, and the situation has been brought under control."
The UAE wrote on X that it "condemns in the strongest terms the targeting of an ADNOC-affiliated tanker while it was passing through the Strait of Hormuz."
The stakes are easy to grasp. A lot of the world's oil passes through Hormuz, so when shipping there is threatened, energy prices move.
Kpler, a shipping-data firm, said Hormuz traffic fell 33% on Friday from a day earlier, with most vessels taking the Iranian route.
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The underlying situation is fragile. The interim U.S.-Iran deal from June included a sanctions-removal schedule, a compensation plan, and talks on frozen assets. Iran also hit several Gulf neighbors with missiles and drones.
Both sides are now working against a clock. The 60-day negotiating window from the June deal ends in a little more than a week, and no final agreement has been announced.
There are real signs of diplomacy. Iran and Oman are close to a navigation accord, and Foreign Minister Abbas Araghchi said Saturday that the talks are focused on "specifically the determination of a transit route."
The plan would send inbound ships through Iranian waters and outbound ships through Omani waters. Oman described the negotiations as "in a positive and constructive atmosphere" and condemned attacks on vessels.
Vice President JD Vance said Saturday that Iran and Gulf states, especially Oman, have discussed safe passage, including a traffic-management scheme, clearing mines, and a commitment not to shoot at commercial vessels. He added: "We don't trust. We verify."
Washington has hinted that a deal is near. Treasury Secretary Scott Bessent said Tuesday on CNBC that a free-passage deal might be reached by Wednesday.
President Trump and Secretary of State Marco Rubio made similar signals. But no deal appeared, and the two sides are telling very different stories.
Iran's chief negotiator said Thursday that Trump is staging a diplomatic spectacle. Days earlier, Trump said he had scrapped planned strikes because a deal outline was already settled; Iranian officials said no talks were happening at all.
Iran's parliament is also reviewing a draft proposal that would limit Hormuz traffic. The proposal would keep U.S. and Israeli vessels out of the waterway and would bar ships from countries that have harmed Iran until they pay compensation.
The tension is not just a trading story. Gas prices have risen, inflation has gotten worse, and oil-reserve worries have grown because Iran can choke off a route that the global economy depends on.
The conflict is widening, and Gulf energy facilities and key shipping chokepoints are again at risk.
Whatever happens next, the cost of the uncertainty usually lands somewhere easy to recognize: at the pump.
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