U.S. & Iran Discuss Phased Deal To Reopen Hormuz, End U.S. Blockade
3 hours ago
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, waives sanctions on Iranian oil sales and observes a ceasefire that would include Lebanon.
Iran’s foreign minister reportedly detailed the proposal in a private gathering this week on the sidelines of the United Nations General Assembly in New York.
The deal strongly resembles the Memorandum of Understanding reached in June, but with an accelerated timetable. The earlier agreement, which had called for a 60-day interim period, collapsed within weeks when Iran resumed attacks on shipping in the strait.
Iran’s foreign minister reportedly detailed the proposal in a private gathering this week on the sidelines of the United Nations General Assembly in New York.
The deal strongly resembles the Memorandum of Understanding reached in June, but with an accelerated timetable. The earlier agreement, which had called for a 60-day interim period, collapsed within weeks when Iran resumed attacks on shipping in the strait.
