Iran Proposes Deal to Reopen Strait of Hormuz in 7 Days if Us Meets Its Conditions

UNITED STATES – Iran has offered to reopen the Strait of Hormuz and resume talks on its nuclear program in seven days if the United States lifts its naval blockade of Iranian ports, waives sanctions on Iranian oil sales and observes a ceasefire that would include Lebanon.

Iran’s foreign minister detailed the proposal in a private gathering on Thursday on the sidelines of the U.N. General Assembly in New York.

Executive Vice President of the Quincy Institute Think Tank, Trita Parsi, said the foreign minister suggested that a speedy agreement would help U.S. President Donald Trump ahead of November’s midterm elections.

The arrangement would also relieve enormous economic pressure on Tehran as the U.S. piles on additional sanctions.