Iran has offered to reopen the Strait of Hormuz within 48 hours if the United States agrees to a series of conditions, raising the prospect of renewed access to one of the world's most critical oil shipping routes amid escalating tensions between both countries.
Iranian Foreign Ministry spokesman, Esmaeil Baqaei, disclosed the proposal on Monday, saying the country could restore security to the strategic waterway and resume negotiations with Washington within two days if its demands were accepted.
According to him, the proposed timeline demonstrates Tehran's willingness to reach an agreement, although implementation depends on the United States accepting its conditions.
The demands include an end to the war across all fronts, the unfreezing of Iranian assets held abroad, the lifting of sanctions targeting its oil sector and an end to the US naval blockade of Iranian ports.
Iran had initially proposed a seven-day framework for reopening the strait in September, with the latest offer reducing the proposed implementation period to 48 hours.
Baqaei said communications between Tehran and Washington were ongoing through mediators, adding that further discussions would depend on the US response to Iran's demands.
The development comes amid renewed diplomatic efforts involving Pakistan, Qatar, Saudi Arabia and Turkey to prevent a return to military confrontation.
However, tensions remain elevated following US President Donald Trump's latest warning to Iran that Washington could resort to further military action.