Iran offers to reopen Hormuz if US lifts blockade
Tehran set a seven-day window for talks and demanded a sanctions waiver and a ceasefire that would include Lebanon, officials said.
Mateo Fernandez ·
Iran offered to reopen the Strait of Hormuz and resume nuclear talks within seven days if the US lifts its naval blockade, officials said, potentially easing oil supply.
Reaction pending.
Blockade, sanctions and Lebanon Officials said the offer conditions are threefold: the United States must lift a naval blockade, waive sanctions on Iranian oil sales and observe a ceasefire that would include Lebanon. The timeline, they said, gives Washington seven days to respond, setting an October 2, 2026 deadline for a reply.
Officials framed the proposal as linked steps: removal of maritime restrictions, relief for oil exports and a parallel ceasefire in Lebanon. They did not publish a negotiation schedule or specify which US actions would satisfy Tehran beyond the three conditions, officials said.
If Washington accepts the terms, officials said Iran would reopen the strait and begin talks within the stated week. If there is no response by October 2, 2026, the offer will lapse, officials said.
The immediate effect for markets and shipping depends on whether the blockade is lifted and sanctions are waived; those outcomes would determine when tankers can resume fuller transit through the strait, officials said.