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Iran has proposed a seven-day plan to the United States to reopen the strategically important Strait of Hormuz and restore normal maritime traffic, Foreign Minister Abbas Araghchi said.
Speaking on the sidelines of the UN General Assembly in New York, Araghchi said the proposal had been conveyed to Washington through Qatar.
Under the plan, the strait could be reopened within seven days if the United States agrees to Iran’s conditions.
According to reports, the proposal includes a seven-day cessation of hostilities across the region, including Lebanon, the lifting of the US naval blockade on Iranian ports, easing sanctions on Iranian oil exports and the release of frozen Iranian assets.
Iran would reopen the Strait of Hormuz on the seventh day.
Araghchi said the timetable would begin once Washington accepts the proposal. Initial US steps would take four to five days, followed by the reopening of the waterway on the sixth or seventh day, after which talks on a final agreement would begin.
The proposal is based on a memorandum of understanding reached between Iran and the US in June, which aimed to halt hostilities, reopen the strait and pave the way for talks on Iran’s nuclear programme. That agreement later broke down.
The Strait of Hormuz is a vital route for global oil and gas shipments, making its reopening a major issue in the ongoing US-Iran confrontation.
