Iran Accepts Two-Day Hormuz Plan Tying Talks to U.S. Steps

Iranian Foreign Minister Abbas Araghchi said Nov. 1 that Iran had accepted a two-day proposal that puts U.S. steps before the Strait of Hormuz's reopening and creates a path to renewed talks with Washington.

The outline assigns the first day to a set of U.S. measures. The strait would open on the second day, with shipping returning to its prior pattern. The path to restarting talks would open after the United States met its commitments and the waterway was open.

Araghchi said the framework largely follows Iran's earlier seven-day plan. Qatar had suggested shortening the period to five days or less. Qatar, Pakistan and other mediators held multiple discussions on possible changes.

The proposal's listed U.S. conditions include establishing a new passage route through the strait, releasing frozen Iranian funds and ending regional wars, including in Lebanon. The list also calls for lifting the naval blockade, allowing Iranian oil exports under an exemption and removing U.S. sanctions imposed after the Islamabad memorandum of understanding.