Iran offers US deal to reopen Strait of Hormuz in seven days
Araghchi told reporters at the UN in New York that this could be done "if the necessary conditions are met".
Iran has offered the United States a deal to reopen the Strait of Hormuz within seven days, provided certain conditions are met, according to Iranian Foreign Minister Abbas Araghchi. The Iranian government's proposal, contained in a memorandum of understanding (MOU) signed in June, outlines the necessary steps for the US to take in order to restore normal maritime passage through the strategic waterway.
The deal, delivered to the US via Qatar, also includes provisions for UN nuclear inspectors to enter Iran and the lifting of sanctions. However, US President Donald Trump has reportedly rejected the proposal, with some officials suggesting he believes Iran will not meet his demands. Iran has been at war with the US and its allies since February, following a series of attacks on US forces and bases in the region.
The closure of the Strait of Hormuz has caused significant fluctuations in global oil and gas prices, and has put pressure on Trump to find a resolution to the conflict ahead of the November Congressional elections.
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