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Iran Urges US to Accept Strait Proposal

Iranian Foreign Minister Abbas Araqchi stated that Tehran's proposal to reopen the Strait of Hormuz within a week remains available. Negotiations have stalled over US demands regarding Iran's nuclear program and regional conditions.

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Iran offered the United States a seven-day proposal to reopen the Strait of Hormuz, Foreign Minister Abbas Araqchi said Sunday. The waterway previously carried 20% of global trade in crude oil and liquefied natural gas (LNG). Reopening the strait could ease supply strains on Brent Crude Oil and Natural Gas amid an eight-month regional conflict.

Stalled Negotiations in Baghdad
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