TEHRAN, Aug. 19 -- Iran has handed the United States a list of demands for reopening the Strait of Hormuz. The development could influence ongoing efforts to reduce regional tensions.

Read More: Hormuz to remain closed until US meets conditions

According to CNN, Iranian Parliament Speaker and chief negotiator Mohammad Bagher Ghalibaf delivered the demands to the United States. He also called for full implementation of the Islamabad memorandum of understanding. The memorandum expired on the previous day.

Under the agreement, the United States and Iran had committed to stopping military operations across various fronts. The understanding also covered Lebanon and other areas affected by the conflict. Iran had agreed to give up its right t...