Iranian Foreign Minister Abbas Araghchi announced that he has proposed a seven-day plan to the United States aimed at ending hostilities and reopening the Strait of Hormuz.

According to media outlets including The New York Times and CNN, Araghchi stated during a press conference held on September 24 local time in New York on the sidelines of the United Nations General Assembly that this proposal was delivered to the U.S. through a mediator.

The proposal reportedly includes terms requiring the U.S. to fulfill specific conditions within seven days.

While he avoided mentioning the specific conditions, he stated that many of the conditions contained in the proposal are "on the level" of the memorandum of understanding (MOU) on ending the war signed by the U.S. and Iran in June of this year.

The MOU in question outlines a phased approach involving the preliminary opening of the Strait of Hormuz and negotiating Iran's denuclearization during a designated ceasefire period.

This provisional peace agreement was even signed by U.S. President Donald Trump and Iranian President Masoud Pezeshkian in July of this year, but it collapsed amid armed conflict over control of the Strait of Hormuz.

The MOU included provisions regarding the easing of sanctions against Iran, the unfreezing of Iranian assets, and the suspension of military operations across all fronts, including Lebanon.

An Iranian Foreign Ministry spokesperson stated the previous day that conditions such as ending the war on all fronts, halting acts of aggression, ending the U.S. maritime blockade against Iran, and unfreezing Iranian assets had been conveyed to the U.S. through the mediator Qatar.

Regarding Araghchi's remarks on this day, a White House official told CNN that "positive and constructive discussions are underway through mediators."

Earlier on the same day, Bloomberg reported that both sides are exploring a phased agreement in which Iran would reopen the Strait of Hormuz in exchange for the U.S. lifting economic blockades on Iranian ports.

According to the report, citing an anonymous source familiar with the discussions, the negotiating teams of both countries are holding such talks mediated by Qatar on the sidelines of the UN General Assembly in New York.

Bloomberg reported that if the U.S. and Iran reach a phased agreement, it is likely to take a form similar to the previous MOU on ending the war.

A White House official told Bloomberg that President Donald Trump remains open to dialogue with Iran.

However, the official emphasized that as a result of sanctions and the maritime blockade, the U.S. is in a position of strength and negotiations are not strictly necessary from the U.S. perspective.

The U.S. and Iran have repeatedly experienced negotiations and breakdowns since the war began in February of this year.

The main issues of contention were differences between the two sides regarding the conditions and sequence for reopening the Strait of Hormuz, as well as the question of when Iran would be able to access frozen Iranian funds by the U.S., according to Bloomberg.

Iranian President Masoud Pezeshkian, who visited New York to attend the UN General Assembly, emphasized in his speech that Iran will not allow freedom of navigation in the Strait of Hormuz as long as sanctions and the U.S. maritime blockade remain in place.

According to Iranian state media reports, Araghchi represented Tehran in the negotiations and presented Iran's "firm position" regarding the reopening of the Strait of Hormuz.

The conditions demanded by Iran include the immediate lifting of the U.S. maritime blockade, the unfreezing of Iranian assets, and ending the war "on all fronts."

Bloomberg interpreted the expression "on all fronts" as a demand to halt operations being conducted by Israel against Hezbollah in Lebanon.

Previously on the 22nd, President Trump told reporters immediately after making remarks at the UN General Assembly suggesting that Iran could be obliterated if an agreement is not reached, that talks between the U.S. and Iran had resumed after several months.

At that time, Trump stated that Iranian Foreign Minister Araghchi, U.S. Special Envoy Steve Witkoff, and Trump's son-in-law Jared Kushner met in New York for three hours of "very productive" talks.

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