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Iran’s Hormuz proposal offers possible path to restore shipping

CNBC reports that Tehran has floated conditions for reopening the strait. Donald Trump says a deal could come after the midterms, but no agreement or timetable is confirmed.

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Owen Mercer
Markets and Finance Editor
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Source: CNBC · View original source
A large tanker sits at anchor on calm blue water, with other ships visible in the distance.
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Iran has proposed conditions that could pave the way to restore traffic through the Strait of Hormuz, CNBC reported on Wednesday. The report does not specify the terms or identify who presented them.

US President Donald Trump said a deal could come after the midterm elections. His remark sets out a possibility, not a confirmed schedule or evidence that an agreement has been reached.

The proposal revives the prospect of a diplomatic route to reopening the strait, but the supplied information does not say whether the US has responded or whether shipping traffic is being restored.

Earlier exchanges at the United Nations focused on ending the war and reopening the strait, though accounts differed over whether US and Iranian officials met directly. Details available about a reported meeting do not establish that it produced an agreement.

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