Iran offers US plan to open Strait of Hormuz

Iran has offered the US a seven-day plan to resume shipping in the Strait of Hormuz and restart broader talks. Tehran conveyed the proposal through intermediaries, Iranian Foreign Minister Abbas Araqchi said at a session of the UN General Assembly. His words are quoted by the Financial Times (FT).

According to Mr. Araqchi, if certain conditions are met, the strait will be opened within a week, after which the parties will resume negotiations on a full settlement of the conflict.

The plan builds on a June memorandum of understanding that provided for temporary exemptions for Iranian oil exports and the gradual unblocking of the strait.

Earlier this week, a senior Iranian official called the UN General Assembly a “golden opportunity for the US to return to diplomacy” in the conflict with Iran.

The White House declined to comment on the details of the new Iranian proposal, but said the two sides had “positive and constructive discussions through intermediaries.” As noted by the FT, the US administration is seeking a more comprehensive agreement, including the nuclear program of Tehran.