Iran offers to reopen Hormuz within a week if US accepts conditions
What Happened
Iranian Foreign Minister Abbas Araqchi said Tehran’s proposal to reopen the Strait of Hormuz remains on the table. Under the plan, the waterway could reopen within six days of Washington accepting Iran’s conditions, with negotiations resuming the following day. Iran’s demands include lifting the US blockade on Iranian ports, removing sanctions on Iranian oil exports and ending hostilities across regional fronts.
Key Takeaways
A major sticking point is sequencing. Washington wants Iran’s nuclear programme addressed from the outset, while Tehran wants talks to initially focus on reopening Hormuz and restoring security in the waterway. Before the conflict, the strait carried roughly one-fifth of global oil and LNG trade.