What’s in Iran’s seven-day plan to reopen the Strait of Hormuz?

Araghchi spoke on the sidelines of the United Nations General Assembly in New York, where Qatar has been passing messages between Iran and the US. He did not lay out further details of what the plan involves.

The strait sits between Iran and Oman and is one of the most heavily used shipping corridors in the world for oil and gas tankers. Any disruption there ripples through global energy markets, which makes a reopening plan, even a proposed one, worth watching for governments and shippers far beyond the Gulf.

For now, the offer depends entirely on the US response. Araghchi's comments suggest Iran wants to move fast once there's agreement, but nothing is locked in yet.

Qatar's role as go-between adds another wrinkle, since it means Iran and the US are still talking indirectly rather than face to face, even as they try to hash out terms for one of the world's busiest waterways.