The Economic Times

Iran keeps Strait of Hormuz reopening offer on table, says path depends on US

Iran's Foreign Minister Abbas Araqchi confirmed that an offer to reopen the Strait of Hormuz is still valid. This proposal involves several conditions, including the lifting of US sanctions on Iran's oil exports. Araqchi emphasized that negotiations have stalled due to Washington's focus on Iran's nuclear program. US officials have called for Iran to reduce uranium enrichment to satisfy their demands.