Indirect talks between the United States and Iran are continuing, with Qatar acting as a mediator. They are taking place on the sidelines of the UN General Assembly in New York. The two sides still disagree on the agenda.
Iran's foreign minister, Abbas Araghchi, left New York on Tuesday. He said he expects an official reply to Iran's plan to reopen the Strait of Hormuz. The offer was passed to the US last week.
🔍 The Backstory
The talks aim to end a seven-month war. Iran's plan would reopen the strait within seven days. In return, it wants the US to lift its naval blockade, waive sanctions, free about $12bn in frozen assets, and back a wider ceasefire.
President Trump was reported to have rejected the offer. But Araghchi says he has not received a formal reply from Washington. The Strait of Hormuz matters because much of the world's oil passes through it.
🎯 Why It Matters
The Strait of Hormuz carries a large share of global oil. When it is closed or threatened, fuel and energy prices can rise for everyone, far from the conflict.
Indirect talks between the United States and Iran are continuing, with Qatar acting as a mediator. They are taking place on the sidelines of the UN General Assembly in New York. The two sides still disagree on the agenda.
Iran's foreign minister, Abbas Araghchi, left New York on Tuesday. He said he expects an official reply to Iran's plan to reopen the Strait of Hormuz. The offer was passed to the US last week.
The talks aim to end a seven-month war. Iran's plan would reopen the strait within seven days. In return, it wants the US to lift its naval blockade, waive sanctions, free about $12bn in frozen assets, and back a wider ceasefire.
President Trump was reported to have rejected the offer. But Araghchi says he has not received a formal reply from Washington. The Strait of Hormuz matters because much of the world's oil passes through it.
The Strait of Hormuz carries a large share of global oil. When it is closed or threatened, fuel and energy prices can rise for everyone, far from the conflict.