Iran has proposed a new deal to the United States, offering to reopen the Strait of Hormuz and end the war if America lifts its blockade on the waterway.
Axios first reported the offer, citing a US official and two sources familiar with the matter.
The deal, passed to the Americans by Pakistan, also postpones nuclear negotiations to a later stage.
It is uncertain if Donald Trump will accept the offer, as ending Iran’s uranium enrichment is one of the US leader’s war goals.
America’s control over the Strait of Hormuz is also one of its key levers in the conflict. Trump has said the strait would be “sealed up tight” until Iran agrees to a deal.
Control of the waterway has been contested since the war between Iran and the US/Israel coalition broke out in February.
Iran’s de facto blockade of the strait crippled global oil flow, driving up prices and forcing governments to adopt strict energy conservation measures.
The US blockade, on the other hand, is designed to prevent Iran from selling its oil, depriving it of crucial revenue while potentially forcing Tehran to shut down production due to limited storage capacity.
Ongoing diplomatic talks to ease tensions between the warring parties have stalled.
Trump is expected to hold a Situation Room meeting on Iran on Monday with his top national security and foreign policy team.
According to the Axios report, a source said Trump’s team would discuss the deadlock in negotiations and potential next steps.
