Iranian Foreign Minister Abbas Araghchi stated that Tehran is prepared to restore normal shipping through the Strait of Hormuz within seven days if the United States accepts a peace proposal conveyed via Qatar. The plan reportedly requires the US to lift a naval blockade, ease oil export restrictions, and release frozen Iranian assets, while also demanding an end to hostilities in Gaza and Lebanon.
These terms were previously rejected by US President Donald Trump, who characterized them as "unacceptable" and asserted that the US holds a stronger negotiating position.