Iran Offers U.S. 7-Day Peace Plan to Reopen Hormuz Strait

1 articles · Updated · The Washington Post · Sep 24

Iran said it handed U.S. officials a new proposal through mediators this week that would reopen the Strait of Hormuz and restart talks to end the wider war within seven days.
Abbas Araghchi said the offer largely mirrors a June memorandum, but it is unclear whether it meets U.S. terms because Tehran still sees the arrangement as giving Iran control over the waterway.
The White House did not immediately comment, after Donald Trump told the U.N. this week Iran could strike a deal or face “annihilation,” prompting Iran’s delegation to walk out.
The strait normally carries one-fifth to one-quarter of global oil flows; traffic collapsed after Iran mined the passage following U.S.-Israeli attacks in late February, pushing energy prices higher worldwide.