Iran Offers to Reopen Strait of Hormuz in Seven Days if U.S. Meets Conditions

Iran has proposed reopening the Strait of Hormuz and resuming nuclear talks within seven days if the U.S. lifts its naval blockade, waives oil sanctions, and observes a ceasefire including Lebanon, as detailed by Foreign Minister Abbas Araghchi at the U.N. General Assembly. The proposal, which resembles a collapsed June agreement with an accelerated timetable, aims to ease economic pressure on Tehran and potentially benefit President Trump before midterm elections, though Saudi Arabia remains skeptical and internal Iranian divisions persist. The deal's scope regarding Yemen's Houthi conflict is unclear, and both sides harbor deep suspicion, with Iran's hard-liners criticizing diplomatic overtures while the U.S. faces pressure from high oil prices and global trade disruptions.