New US-Iran Deal: What Tehran Gets for Opening Hormuz

The US has proposed a monthly deal to Iran: free shipping through the Strait of Hormuz in exchange for easing the blockade and sanctions. The plan is being conveyed via Pakistan, which has invited Iranian officials to Islamabad. No final agreement has been reached.

The United States has sent Iran a new proposal to open the Strait of Hormuz to commercial shipping without charging a fee. In return, Washington offers to gradually ease economic and maritime pressure on Tehran, including unfreezing part of Iran's overseas assets. This was reported by the Emirati website Aram News, citing diplomatic sources. The proposal is structured on a monthly basis: Iran ensures free passage of ships, and the US lifts the blockade of Iran's coast for a month. The scheme aims to bypass two main disagreements: the US opposes Iran's demand to charge a fee, and Tehran refuses to restore shipping while the blockade continues. Pakistan is trying to convey the plan to the Iranian side and has invited Iran's Foreign Minister Abbas Araghchi and Parliament Speaker Mohammad Bagher Ghalibaf to visit Islamabad. No final agreement has been reached yet, and the amounts of unfrozen funds and timelines have not been determined.

New US-Iran Deal: What Tehran Gets for Opening Hormuz