Skip to content
Back to Guavy Wire
Commodities

Iran Offers Seven-Day Deal to Reopen Strait of Hormuz and Resume Nuclear Talks

Instruments
Oil
Share

A proposed deal by Iran to reopen the Strait of Hormuz and resume nuclear talks could be underway within seven days, according to Foreign Minister Abbas Araghchi.

The plan would require the United States to lift its naval blockade of Iranian ports, waive sanctions on Iranian oil sales, and observe a ceasefire that includes Lebanon.

Araghchi stated that the seven-day timeline would start as soon as the US accepts this proposal. He explained that initial steps would take about four to five days to complete, with the strait opening on the sixth day.

The proposed deal resembles the Memorandum of Understanding reached in June but with an accelerated timetable. Araghchi emphasized that on day seven, talks with the US would begin for a final agreement on mutually agreed subjects, referring to Iran's nuclear program.

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