Skip to content
Back to Guavy Wire
Commodities

Iran Offers Deal to End Strait of Hormuz Fighting Before US Midterms

Instruments
Oil
Share

Iran's president and foreign minister visited New York for the U.N. gathering of world leaders, where they proposed a deal to end the fighting in the Strait of Hormuz within seven days.

The conditions for the deal are not new: the US would need to lift its military blockade of Iranian ports, release frozen Iranian assets, and waive sanctions on oil sales.

What's different this time is the speedier timeline, which may be an attempt by Iran to influence the US midterm elections in November.

US Secretary of State Marco Rubio said the latest talks with Iran were 'good' and that the US was open to more negotiations.

However, Trump used his U.N. speech to threaten to 'annihilate' the Islamic Republic, while Iranian President Masoud Pezeshkian vowed to fight 'until our last breath.'

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc