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BlockBeats, citing people familiar with the talks, reported that the United States and Iran are discussing a phased arrangement in New York that could exchange restored shipping through the Strait of Hormuz for a U.S. easing of its economic blockade. The two sides have not yet reached an agreement.
As cited by Reuters, a senior Iranian official said Iran is reviewing the U.S. response regarding ending hostilities. The two sides discussed reopening the Strait of Hormuz and lifting the U.S. naval blockade during indirect talks.
A senior Iranian official said that the delegation has been authorized to discuss ending hostilities with the United States in New York; if the United States eases military pressure and lifts the blockade on ports, Iran can reopen the Strait of Hormuz within 7 days.