Iran has proposed a seven-day plan to end its seven-month war with the United States and reopen the Strait of Hormuz, one of the world's most important routes for shipping oil. Iranian Foreign Minister Abbas Araghchi announced the offer outside the United Nations, saying the proposal was sent to Washington through mediators in Qatar.
Under the proposed plan, the timeline would begin as soon as the U.S. accepts the terms. Over the first five days, Washington would be required to lift its naval blockade of Iranian ports, stop sanctions on Iranian oil sales, release about $12 billion in frozen Iranian assets, and join a regional ceasefire. On the sixth day, Iran would reopen the Strait of Hormuz—a narrow waterway that carried one-fifth of the world's traded oil and gas before the war. On day seven, both nations would start formal talks on a final deal covering Iran's nuclear program.
The proposal comes after a similar 60-day agreement signed in June quickly collapsed due to disputes over shipping rules. U.S. and Iranian officials have held initial discussions through mediators, but political analysts remain skeptical about whether both sides will reach a complete agreement soon.