Iran offers to reopen Strait of Hormuz and resume nuclear talks if US lifts blockade

Iran has offered to reopen the Strait of Hormuz and resume nuclear negotiations within seven days if the United States lifts its naval blockade, waives sanctions on Iranian oil sales, and agrees to a ceasefire covering Lebanon. Iranian Foreign Minister Abbas Araghchi presented the proposal during a private meeting on the sidelines of the UN General Assembly in New York on Thursday, according to attendee Trita Parsi of the Quincy Institute. Araghchi reportedly noted that a quick deal could benefit US President Donald Trump ahead of November midterm elections. The offer resembles a June memorandum of understanding but with a shorter timeline, as that earlier 60-day arrangement collapsed after Iran resumed shipping attacks. Analysts note deep suspicion that Iran may be buying time to ease economic pressure, while questions remain over whether hard-liners will accept compromises.