Iran has submitted a new proposal to the United States through Pakistani intermediaries, aiming to reopen the Strait of Hormuz and end ongoing hostilities while deferring nuclear negotiations to a later stage. The White House confirmed receipt of the proposal but has not indicated whether it will engage. Iranian Foreign Minister Abbas Araghchi outlined a three-phase plan: first, a complete halt to hostilities with binding security guarantees for Iran and Lebanon; second, talks on managing and securing the Strait of Hormuz; and third, discussions on Iran's nuclear programme, which Tehran insists will not begin until progress is made in earlier phases. White House spokesperson Olivia Wales stated, "These are sensitive diplomatic discussions, and the US will not negotiate through the press. As the president has said, the United States holds the cards and will only make a deal that puts the American people first, never allowing Iran to have a nuclear weapon." The proposal emerges amid internal division within Iran over nuclear concessions and follows a sharp drop in shipping through the Strait, rising global oil prices, and economic strain. President Trump discussed restoring maritime traffic with British Prime Minister Keir Starmer, who warned that prolonged disruption threatens the global economy and has left many seafarers stranded. Trump is scheduled to convene his national security team Monday to assess the diplomatic stalemate and potential next steps.
Iran is calling for peace while setting conditions that shield its nuclear ambitions from immediate scrutiny. The proposal allows Tehran to demand security guarantees without offering concrete nuclear concessions upfront. For global markets and oil-dependent economies, any delay in resolving the Hormuz crisis prolongs economic instability. The U.S. now faces a choice between accepting a phased deal or risking further escalation with no clear off-ramp.
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