Iran offers US seven-day proposal to end hostilities and reopen Hormuz
Iranian Foreign Minister Abbas Araghchi said Tehran has given Washington a seven-day proposal to halt fighting, reopen the Strait of Hormuz and resume talks on a final peace agreement. He said the strait would reopen at the end of the seven days if Washington meets certain conditions. The plan reportedly tracks commitments from a 14-point memorandum signed in June that fell apart after fighting resumed in July.
Iranian Foreign Minister Abbas Araghchi, speaking with reporters in New York during the UN General Assembly, said Tehran has sent Washington a seven-day proposal. It aims to stop hostilities, reopen the Strait of Hormuz, and restart negotiations on a permanent peace agreement.
According to Araghchi, the waterway would reopen after the seven days only if Washington satisfies certain conditions. The proposal was conveyed through intermediaries and reportedly mirrors pledges from a 14-point memorandum signed in June that collapsed when fighting resumed in July.
If the plan advances, reopening the Strait of Hormuz could ease pressure on global energy shipments and oil prices, affecting consumers, businesses, and shipping crews. A failure may prolong uncertainty for regional populations and markets. Diplomatic progress could also shape expectations around US-Iran talks, though the outcome remains contingent on conditions and implementation.