Draft US-Iran deal takes shape with Strait of Hormuz reopening on the table

· Politics · Iran · United States

A draft US-Iran deal is taking shape with the reopening of the Strait of Hormuz on the table, according to reports. On the table is a seven-step plan Tehran drew up in September to reopen the blockaded strait. Iran's foreign minister has said Tehran is ready to reopen Hormuz within two days if Washington accepts its demands, including a new transit route agreed with Oman, and to resume nuclear talks. Israeli Prime Minister Benjamin Netanyahu has said he wants to "finish the job" first. Attacks on ships in the strait may be higher than the official count, according to one report.

Why it matters:Reopening the strait would ease global energy supplies and shipping costs, but Israeli objections complicate the diplomacy.

Key points

  • Iran has a seven-step plan to reopen the strait.
  • Tehran wants Washington to accept a route agreed with Oman.
  • Israel's Netanyahu says he wants to "finish the job" first.

Sources (original reporting)

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