Iran puts seven-day timeline on reopening Strait of Hormuz
NEW YORK: Iran has submitted a proposal to the United States to end their war and reopen the Strait of Hormuz within seven days, its foreign minister told media outlets in New York.
Iran has offered the United States a seven-day plan to cease hostilities, release frozen assets, and reopen the Strait of Hormuz, according to Iran's foreign minister Abbas Araghchi. The proposal, presented during a meeting with US President Donald Trump's envoy Steve Witkoff, calls for a cessation of all hostilities across the Middle East, including Lebanon, for a week.
Additionally, Iran would release at least US$12 billion in frozen assets and lift sanctions on Iranian oil and its naval blockade. Araghchi stated that Iran would reopen the strait on the seventh day of the truce, awaiting a response from the US. Chinese President Xi Jinping, who is in the US for UN General Assembly talks, is reportedly supporting the proposal.
Iran's Revolutionary Guards spokesman Hossein Mohebi added that ending hostilities in Yemen was another demand from Teheran. The US and Iran had previously signed a memorandum of understanding in June to end the war, reopen the strait, and discuss Iran's nuclear program, but the deal fell apart after Iran fired on commercial ships in Hormuz.
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