Iran Reiterates Conditions for Reopening Strait of Hormuz
At a glance
- Iran awaits US response to de-escalation proposals via Qatari mediators.
- Reopening of Strait of Hormuz conditional on Supreme Leader's terms, says FM.
- Oil prices remain elevated amid ongoing US-Iran tensions.
Story so far
Tensions between the US and Iran have kept oil prices high, with diplomatic efforts underway to de-escalate the conflict. Qatar is mediating talks, with Iran having proposed a plan that includes an end to the conflict, lifting of sanctions, and restoration of frozen assets. In return, Tehran has offered to reopen the strategic Strait of Hormuz and resume nuclear negotiations. While US President Donald Trump has publicly dismissed the proposals, Iran's foreign minister says a formal response is still awaited via Qatari channels, expected on September 29.
Latest development
Iranian Foreign Minister Abbas Araghchi stated on September 29 that reopening the Strait of Hormuz requires adherence to conditions set by the Supreme Leader. He confirmed discussions with Qatari mediators on proposals for the US.
Latest updates
Iranian Foreign Minister Abbas Araghchi on Tuesday reiterated that the reopening of the Strait of Hormuz is conditional on the implementation of terms set by the country's Supreme Leader. Speaking to foreign media, Araghchi confirmed that proposals have been discussed with Qatari mediators to be presented to the United States, and that a US response is expected to be delivered via the same channel. He added that if the US is seeking a peaceful solution, Iran has already presented one.
Iranian Foreign Minister Abbas Araghchi has stated that a final US response to Qatar-mediated de-escalation proposals is expected on Tuesday, September 29. Speaking in New York, Araghchi reiterated that the reopening of the Strait of Hormuz is conditional on Iran's demands being met. He added that after Iran presented its plan, mediation efforts by Qatar and Pakistan have become more serious. This comes as some reports suggest both the US and Iran are seeking a path to negotiations despite ongoing public tensions.
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آبنائے ہرمز کو دوبارہ کھولنے کیلئے سپریم لیڈر کی شرائط پر عملدر آمد لازمی ہے:عباس عراقچی
ایران کے وزیر خارجہ عباس عراقچی نے کہا ہے کہ قطری ثالثوں کے ساتھ ان تجاویز پر بات چیت کی ہے جو امریکا کو پیش کی جائیں گی۔
Oil prices rise for second session on continued Middle East supply concern
Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by US-Iran conflict outweighed signs of recovering crude exports from the region. Brent crude futures had risen 63 cent
Yeh ghair yaqeeni surat-e-haal businesses ke liye planning ko bohat mushkil bana deti hai. It’s very hard to budget for the future when a key cost like fuel is so volatile.
The article mentions more costly shipping methods are also a factor. Yeh choti logistical details hain jo aam tor par nazar andaaz ho jati hain, magar inka aarthik asar bara hota hai.