In brief
- Iran has proposed a plan to the US that would see the Strait of Hormuz reopened within a week of being agreed.
- Iran's foreign minister, Abbas Araghchi, announced the proposal at the United Nations.
Iran's foreign minister, Abbas Araghchi, says Iran proposed a plan to the US that would see the Strait of Hormuz reopened to maritime navigation within a week once agreed.
Araghchi met on Tuesday with US President Donald Trump's envoy, Steve Witkoff, and had previously set out conditions for ending the war and reopening the vital energy shipping channel.
"Iran has conveyed to the United States, through Qatar, a concrete seven-day plan. If the necessary conditions are met, the strait can be reopened, and normal maritime passage restored within seven days," Araghchi said at the United Nations in New York on Friday, local time.
"The choice now rests with the United States. Iran does not accept coercion, threats, or intimidation, and Iran will not surrender its sovereign rights under pressure.
"I can tell you if there is seriousness in the US side to come to a deal and reopen the Strait of Hormuz, everything is now prepared."
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Earlier media reports suggest the new plan calls for a seven-day cessation of all hostilities in the Middle East, including in Lebanon.
It also reportedly calls for the release of frozen Iranian assets estimated to be worth at least US$12 billion ($17 billion), as well as the lifting of sanctions on Iranian oil and an end to the US naval blockade of Iran.
On the seventh day of the truce, Iran would reopen the Strait of Hormuz.
Hossein Mohebi, a spokesman for the Revolutionary Guards, the ideological arm of Iran's military, told AFP in an exclusive interview on Tuesday that ending hostilities in Yemen was also among Iran's demands.
The US and Iran signed a memorandum of understanding in June that aimed to end the war, reopen the strait and launch talks on Iran's nuclear program.
But the deal broke down shortly afterwards when Iran fired on commercial ships in Hormuz that it accused of deviating from its approved route through the waterway.
Iran requires ships to obtain authorisation before passage, citing security and sovereignty reasons.
Ships that refuse to comply are regularly targeted, while the United States sporadically bombs Iranian coastal areas in retaliation.
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