Iran Says Peace Deal Would Reopen Strait of Hormuz and End Hostilities

Iran has stated that a proposed agreement aimed at ending the ongoing conflict would pave the way for the reopening of the strategically important Strait of Hormuz, one of the world's busiest oil shipping routes.

According to Iranian officials, the draft deal includes measures to halt hostilities and restore normal commercial navigation through the waterway, which is crucial for global energy supplies. Tehran maintains that reopening the strait is a key component of any lasting settlement.

The development comes amid reports that negotiations between Iran and the United States have made significant progress, with both sides said to be close to reaching an agreement. Officials involved in the talks indicated that a framework for ending the conflict and addressing broader security concerns in the region has largely been agreed upon, although some issues remain unresolved.

Iranian Foreign Minister Abbas Araqchi said discussions were continuing and that final details were still being worked out. He emphasized that any agreement would include guarantees for safe passage through the Strait of Hormuz while protecting Iran’s interests.

The potential reopening of the Strait of Hormuz has been welcomed by global markets, as disruptions in the waterway have contributed to higher energy prices and concerns over international trade. Analysts say a successful agreement could ease tensions across the Middle East and improve stability in global oil markets.