Iran Offers Two-Day Strait of Hormuz Reopening in Sanctions Deal

Iran has proposed reopening the Strait of Hormuz within two days, reducing its initial seven-day timeline, in exchange for the US lifting sanctions, unfreezing assets, and reducing its military presence in the region. The offer could mark a breakthrough in negotiations to end the conflict. Iranian Foreign Minister Abbas Araghchi said Qatar mediated the revised plan, under which the US would take steps on day one and shipping would resume on day two. President Donald Trump called the talks "going well" but reiterated threats against Iranian nuclear sites, while Secretary of State Marco Rubio said no decision on new strikes has been made. Tehran's demands also include restoring oil sanctions exemptions, recognizing an Oman-agreed trade route, and halting attacks on Lebanon. Germany's gas storage association warned fill levels are at 61.35%, below the 80% target, partly due to energy price rises.