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Iran offered the United States to reopen the Strait of Hormuz within seven days in exchange for Washington taking initial steps to ease military pressures on Tehran, including lifting the blockade imposed on Iranian ports and halting military operations related to the strait. The proposal was conveyed through mediators as part of efforts to revive negotiations between the two countries, with the United Nations General Assembly meetings in New York being leveraged to advance the diplomatic process and break the deadlock. The Iranian official confirmed that progress is still being made and that the initiative has received the approval of the Supreme Leader and the security apparatus. Meanwhile, oil prices declined following reports of the potential reopening of the strait.
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