Add as a preferred source on GoogleUS and Iran Weigh $8 Billion Deal to Reopen Strait of Hormuz
The proposal would link reopening the strait with a release of frozen Iranian funds and a halt to attacks on Gulf shipping.
The US and Iran are considering a proposal to reopen the Strait of Hormuz in exchange for $8 billion in frozen Iranian funds, with potential consequences for Gulf shipping, oil markets and broader risk sentiment.
The proposal’s terms would require Iran to stop attacks on Gulf shipping, while the frozen funds would be released as part of the exchange. That links a shipping condition with the financial issue at the center of the proposed deal.
President Donald Trump was expected to meet Qatar’s prime minister Monday to discuss the proposal. The planned meeting put the issue on the agenda for a US-Qatar discussion, with Iran’s offer at its center.
A change in the strait’s status could matter beyond the governments involved because the proposal touches Gulf shipping and oil markets, as well as broader risk sentiment. The terms describe a potential exchange; the proposal remains under consideration, rather than a completed reopening or release of funds.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.