Skip to content
Back to Guavy Wire
Commodities

Trump Rejects Iran's Seven-Day Plan for Strait of Hormuz Reopening

Instruments
Oil
Share

Iran's Foreign Minister Abbas Araghchi proposed a seven-day plan to reopen the strategic Strait of Hormuz, key to the world's oil supply. The plan was reportedly conveyed to the United States through Qatar.

The proposal includes a cessation of all hostilities in the Middle East for seven days, including in Lebanon, and the release of frozen Iranian assets estimated to be worth at least $12 billion. Additionally, it calls for the lifting of sanctions on Iranian oil and an end to the US naval blockade of Iran.

Iranian President Masoud Pezeshkian stated that a ceasefire 'process will begin from the very day they accept' the plan. However, Trump reportedly rejected the proposal, citing concerns that Tehran would not meet his demands.

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