Iran Offers Deal to Reopen Strait of Hormuz in Exchange for US Concessions

Iran has made a proposal to reopen the Strait of Hormuz in exchange for concessions from the United States. The country's foreign minister, Abbas Araghchi, outlined the terms of the deal at a private gathering on Thursday.

According to one attendee, Iran is willing to resume talks on its nuclear program and allow the US Navy to traverse the Strait of Hormuz if the US lifts its naval blockade and waives sanctions on Iranian oil sales.

The proposal also includes a ceasefire that would involve Lebanon. It is unclear what specific actions or concessions the US would need to take to meet Iran's demands.

Araghchi made the announcement at the UN General Assembly in New York, where world leaders are gathering for their annual meeting.