The key waterway has been largely closed to commercial shipping since the start of the US-Israeli war on Tehran in February
The Strait of Hormuz could reopen within seven days if the US eases military pressure and lifts its blockade of Iranian ports, according to media reports citing a senior Iranian official.
The strait is one of the world’s most important energy routes, normally carrying around a fifth of global oil and liquefied natural gas shipments. Shipping has largely stopped since the US-Israeli war with Iran began in late February, disrupting supplies and driving energy prices higher.
Tehran has proposed that Washington declare its readiness to resolve the conflict through diplomacy and agree on a timeline for further steps, the official told Reuters on Tuesday. The proposal was conveyed to the US through mediators last week as world leaders gather in New York for the UN General Assembly.
The event is a “golden opportunity for the US to return to diplomacy,” the official said, adding that the Iranian delegation had full authority to revive negotiations. US Secretary of State Marco Rubio told NBC that the administration was prepared to speak with Tehran if negotiations had the prospect of producing a positive outcome.
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