Iran has presented a seven‑day plan to the U.S. for reopening the Strait of Hormuz, a key oil route that transports about 20% of world petroleum shipments.

Iran has offered the United States a seven‑day plan to reopen the Strait of Hormuz, the narrow waterway that carries roughly a fifth of the world’s petroleum shipments.

Background

The strait links the Persian Gulf with the Gulf of Oman and is a strategic chokepoint for global energy markets. Disruptions in recent months have raised concerns about supply shortages and price volatility.

Iranian proposal

Tehran’s offer outlines a timetable that would see commercial vessels resume transit within a week, provided the United States lifts certain maritime restrictions. The proposal also calls for the release of detained Iranian sailors and the restoration of a limited navigation corridor.

U.S. response

A senior U.S. official said constructive discussions were taking place through mediators. The official added that Washington is reviewing the Iranian terms but has not committed to a final decision.

Regional and market implications

Analysts note that a swift reopening could ease upward pressure on oil prices that have risen since the strait’s partial closure. Regional allies watch the talks closely, fearing that any concession might embolden Tehran’s broader regional agenda.

Next steps

Both sides are expected to continue dialogue over the next few days. If the seven‑day timetable is accepted, naval escorts may be arranged to ensure safe passage while diplomatic channels confirm the details.

The outcome will shape not only Middle East shipping but also global energy supply chains for weeks to come.