Iran offers seven-day plan to reopen Strait of Hormuz

Photo — Eric Seddon / Pexels

Iranian Foreign Minister Abbas Araqchi said Tehran had presented the United States with a concrete seven-day plan to reopen the Strait of Hormuz and end the fighting. Reuters reported that Iran was awaiting Washington’s response, while other reporting indicated President Donald Trump had rejected the proposal; the conflicting accounts underscore the fluidity of the negotiations. The strait is a critical route for global oil shipments, so any prolonged closure or escalation could affect energy prices, shipping and international markets. The proposal emerged during intensive diplomacy at the United Nations, where leaders made limited progress on the Iran and Ukraine wars.

Sources: Reuters, Associated Press, BBC News, CNN