Iran says ready to reopen Hormuz in two days if U.S. agrees to demands - The Hindu

Iran’s foreign ministry released a statement indicating that Tehran is prepared to allow commercial vessels to resume normal passage through the Strait of Hormuz in as little as forty‑eight hours, provided that the United States complies with a set of conditions outlined by Iranian officials. The strait, a narrow waterway that connects the Persian Gulf with the Gulf of Oman, handles a significant share of the world’s oil shipments, making any disruption a matter of global economic concern. Iran’s offer follows a series of confrontations that have seen naval vessels from both sides operating in close proximity, raising fears of an escalation that could affect international trade.

The United States has long maintained a naval presence in the region to ensure the free flow of commerce, while Iran has periodically threatened to restrict traffic as leverage in diplomatic negotiations. The recent Iranian statement underscores a willingness to de‑escalate, but it also places pressure on Washington to address the demands, which include the release of Iranian assets and the cessation of certain sanctions. Analysts note that the timing of the announcement may be linked to recent diplomatic overtures and the desire of both sides to avoid a costly disruption of oil markets.

For countries that depend on oil imports passing through Hormuz, the potential reopening is a relief, as any blockage could trigger price spikes and supply shortages. Energy traders are closely watching the situation, and governments are preparing contingency plans in case the strait remains closed. The next steps will likely involve diplomatic exchanges between Tehran and Washington, with the international community urging a peaceful resolution that safeguards maritime navigation and regional stability.