Iran submits plan to reopen Strait of Hormuz within seven days

Iran has submitted a proposal to the United States to reopen the Strait of Hormuz within seven days, according to Iranian Foreign Minister Abbas Araghchi, speaking at the UN General Assembly on Thursday. The plan builds on a June Memorandum of Understanding between the two countries and would be implemented only if specific conditions are met. Araghchi said the timetable could start the day after US acceptance, though he noted Iran was not in a hurry. A White House official confirmed positive discussions through mediators but declined to comment on the specific plan, stating the US is not rushing given its strong position controlling the strait, where nearly 22 million barrels of oil transited last night.