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Iran offers conditional reopening of Strait of Hormuz within seven days

A senior Iranian official stated on September 22 that Tehran could reopen the Strait of Hormuz within seven days. The offer requires the United States to ease military pressure and lift its naval blockade of Iranian ports.

Why it mattersA reopened corridor would restore a vital shipping route that carried roughly one-fifth of global oil and gas shipments before the war.

Hormuz shipping back to normal by Mar 31, 2027Unlikely37%▲ from 25% a week ago

How we got here

  1. Attackers targeted an inbound tanker and an outbound LPG tanker in the Strait, leaving no crew members injured. UKMTO

What's likely next

  1. Iran has offered to reopen the strategically vital Strait of Hormuz and resume nuclear talks with the U.S. within seven days if Washington accepts its conditions. The proposal comes as tensions
  2. Hormuz shipping back to normalUnlikely37%▲ from 25% a week ago
  3. Hormuz shipping back to normalLikely72%

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