What’s in Iran’s latest proposal – and how has the US responded?

The United States is considering a new proposal from Iran to end the ongoing war amid a fragile ceasefire between the longtime adversaries. The offer focuses on reopening the strategic Strait of Hormuz while postponing a deal on Iran’s nuclear programme, arguably the most contentious issue between Tehran and Washington. Recommended Stories list of 3 items end of list According to US media outlets, the proposal has drawn scrutiny in Washington, and officials there have expressed scepticism. Early indications from the Trump administration suggest the plan is unlikely to be accepted in its current form, potentially further delaying any prospect of permanently ending the currently paused US-Israel war on Iran, which has killed thousands and sent global energy prices soaring. Here is what we know so far: What’s in Iran’s latest proposal? Iran’s latest proposal aims for de-escalation in the Gulf without immediately placing restraints on its nuclear programme, as the US has demanded. Tehran has offered to reopen the Strait of Hormuz on the condition that the US lifts its naval blockade on Iranian ports and agrees to end the war. Iran has effectively closed the strait to shipping, creating global economic pressure by driving up energy prices and disrupting supply chains. In peacetime, one-fifth of the world’s oil and liquefied natural gas (LNG) supplies are shipped through the narrow passage, which links Gulf oil producers to the open ocean. …