US and Iran discuss phased deal to reopen Hormuz and end US blockade: Reuters
- On Thursday, U.S. and Iranian negotiators in New York began exploring a phased arrangement to end the seven-month conflict, centered on reopening the Strait of Hormuz in exchange for Washington lifting its economic blockade.
- Negotiators face a significant trust deficit following the July collapse of a prior understanding, as both sides refuse to surrender their primary leverage without extracting concessions.
- Iranian Foreign Minister Abbas Araghchi detailed a proposal triggering a seven-day countdown to reopening the waterway, suggesting Tehran might defer transit fee demands to a separate side agreement to prioritize economic relief.
- President Donald Trump rejected the plan on Saturday, claiming Iran is "losing so badly" and seeking a quick deal, while the November 3 midterm elections create a narrow political window for any agreement.
- Former U.S. negotiator Dennis Ross estimated only a 30% chance of a deal before the vote, warning that the blockade is "strangling" Iran and risks fueling escalation rather than compromise.
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244 Articles
Iran has reiterated the conditions for reopening the Strait of Hormuz after US President Donald Trump's rejection of their proposal, according to world agencies.
On Sunday, Tehran insisted that only diplomacy can resolve its conflict with the United States and Israel, after US President Donald Trump said he had rejected an Iranian proposal to reopen the Strait of Hormuz and end the fighting. "Our conditions are clear and any move towards reopening the Strait of Hormuz depends on fulfilling these conditions," Iranian Foreign Minister Abbas Araghchi wrote on social media. According to him, "only a negotiat…
Despite Trump's public statements, the middlemen have not yet officially handed over the U.S. rejection, speaking in Tehran.
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