Iran Offers 7-Day Deal to Reopen Strait of Hormuz, Resume Nuclear Talks
Iran has made a new offer to reopen the Strait of Hormuz and resume talks on its nuclear program in exchange for specific concessions from the US, according to sources.
The proposal, conveyed through mediators, would require the US to lift its naval blockade, waive sanctions on Iranian oil sales, and observe a ceasefire that includes Lebanon within seven days. The offer is similar to a previous agreement reached in June but with an accelerated timeline.
Iran's foreign minister, Abbas Araghchi, made the proposal during a private gathering at the UN General Assembly in New York, as reported by Trita Parsi, executive vice president of the Quincy Institute think tank. Parsi noted that Iran is seeking to relieve economic pressure and potentially gain an advantage ahead of November's midterm elections.
However, there are concerns about whether hardliners within Iran will accept compromises championed by moderates like President Masoud Pezeshkian. Suspicion on both sides remains high, with the US accusing Iran of violating previous agreements, and Iran suspecting that Washington is using diplomacy to hinder its ability to launch pre-emptive strikes.