Iran proposes a deal to reopen the Strait of Hormuz in 7 days if the US meets its conditions

Iran has proposed a deal to reopen the Strait of Hormuz and resume nuclear program discussions within seven days, provided the United States meets specific conditions. Officials from both nations are currently discussing this phased agreement to end the blockade. Following reports of these negotiations, Brent crude oil prices have decreased to $105.46. The proposal aims to restore maritime access and restart diplomatic dialogue between the two countries to resolve the ongoing tensions regarding the waterway.