Iran offers to reopen Strait of Hormuz within 7 days if US lifts sanctions

Iran has offered to reopen the Strait of Hormuz and resume nuclear talks within seven days if the U.S. lifts its naval blockade, waives oil sanctions, and observes a ceasefire including Lebanon. The proposal was detailed Thursday by Foreign Minister Abbas Araghchi at a U.N. General Assembly sideline event. The deal mirrors a June memorandum but with an accelerated timetable, which collapsed after Iran resumed shipping attacks. Attendee Trita Parsi said Araghchi suggested a quick agreement could aid President Trump before November's midterms, though Trump has stated he is in no rush. Questions remain over whether Iranian hard-liners will accept compromises from moderates like President Masoud Pezeshkian, who hosted Qatar's prime minister Friday amid ongoing indirect U.S. talks. Parsi noted deep suspicion that Iran may be buying time to ease its economic pain.