Iran offers U.S. seven-day plan to reopen Hormuz, rules out nuclear concessions
Iranian Foreign Minister said the Strait of Hormuz could reopen within seven days if Washington accepts Tehran's terms, including lifting its blockade on Iranian ports. But an Iranian official said Tehran would make no nuclear concessions
Iran has put forth a seven-day proposal to reopen the Strait of Hormuz and resume normal maritime traffic, but the plan was reportedly rejected by US President Donald Trump. The proposed measures include a cessation of hostilities, lifting of sanctions, and the release of frozen Iranian assets. Iran's foreign minister suggested the plan could begin immediately once accepted by Washington, emphasizing that Tehran would not accept coercion or threats.
Meanwhile, Iran's president confirmed that UN nuclear inspectors would be allowed back into the country, potentially impacting diplomatic negotiations. Saudi Arabia intercepted two Houthi drones and a ballistic missile headed towards Riyadh, while Oman and Iran discussed ensuring safe passage through the Strait of Hormuz. UAE residents should monitor fuel prices, shipping costs, and the resumption of international flights, as any disruption around Hormuz could affect these areas.
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