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Iran proposes seven-day plan to reopen Strait of Hormuz

Original: strait of hormuz news

Iran has offered to reopen the Strait of Hormuz within seven days if the United States meets a set of conditions, with Foreign Minister Abbas Araghchi saying Tehran is awaiting Washington's response. The proposal follows Iranian threats against US warships and attacks on Saudi Aramco facilities. JPMorgan reports Mideast crude oil flows have recovered to 98% of pre-war levels, though markets remain on edge.

Why now: Rising tensions over the Strait of Hormuz threaten global oil supplies and could escalate into wider conflict.

Strait of HormuzIranUnited StatesAbbas AraghchiSaudi Aramco

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