Iran has proposed a two-day plan to reopen the Strait of Hormuz through Qatari and Pakistani mediators, according to its foreign minister. The plan aims to restore shipping through the critical waterway, which carries a fifth of global oil and significant LNG exports. The move comes after days of disruption affecting maritime traffic.
The Strait of Hormuz, located between Iran and Oman, has seen two tankers hit mines and catch fire. The Iranian Revolutionary Guard Corps confirmed the incidents, raising concerns over safety and security. U.S. President Donald Trump criticized Iran over stalled nuclear negotiations, linking the crisis to ongoing tensions since February 28, 2026.
The disruption has led to increased costs and risks for ships transiting the strait. The U.S. Warned Iran to reach a deal to ensure safe passage for commercial vessels. Iran’s proposal marks a potential diplomatic shift, though the success of the plan remains uncertain. The situation highlights the strategic importance of Hormuz in global energy trade and the ongoing geopolitical tensions in the region.
