Iranian Foreign Minister Abbas Araghchi said the Strait of Hormuz could be reopened within two days if Washington agrees to a set of conditions, including formal recognition of the new shipping route designated by Iran and Oman in the strait.

In an interview with Al Jazeera, according to Middle East Eye, Araghchi also cited lifting the sanctions the United States imposed on Iran after the collapse of the Islamabad memorandum in July, reducing the US military presence in the region, reinstating the oil waivers granted in June as part of the memorandum and releasing frozen Iranian funds, including those held in Qatar.