Iran says its offer to reopen the Strait of Hormuz within seven days is still on the table. Tehran wants the US to meet its conditions, while Washington insists on addressing Iran's nuclear programme first.
Iran's Foreign Minister Abbas Araqchi said on Sunday that Tehran's offer to reopen the Strait of Hormuz within seven days remains open. He spoke to Iranian media outlets.
According to Araqchi, speaking in Baghdad: "our proposal is still on the table". He added that Iran is reviewing comments the US shared.
Talks stalled over seven conditions
Iran presented its proposal in mid-September after an interim ceasefire collapsed. Tehran later acknowledged receiving a US response, but Iran's security chief said last week that negotiations have stalled because Washington failed to address all seven conditions for reopening the strait.
The conditions include, among other demands, lifting the US blockade on Iranian ports and US sanctions on its oil exports, as well as ending hostilities on all regional fronts. If Washington accepts them, Araqchi said, the strait could reopen within six days, with talks resuming the following day.
Washington presses on the nuclear programme
A central point of disagreement has been Washington's insistence on addressing Iran's nuclear programme from the outset. US Vice President JD Vance said earlier this month that Iran must make a meaningful reduction in its uranium enrichment capacity to satisfy US demands and end the countries' eight-month war.
Tehran says negotiations should first focus on reopening the strait and restoring security in the waterway. Before the war, the strait carried about a fifth of the global trade in oil and liquefied natural gas (LNG).
Source: Reuters via Investing.com
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