Iran says it is still open to US talks under a Pakistan-brokered deal and could reopen Hormuz

Iran remains open to talks with the United States under a Pakistan-brokered deal, its envoy said¹.

Ambassador Reza Amiri Moghadam said Iran recently conveyed through Pakistan that it was prepared to reopen the Strait of Hormuz, conditional on action by Washington^1,2.

Iran had proposed a fresh deal last month to reopen the Strait of Hormuz within days, and Trump publicly rejected that proposal⁵.

Iranian President Pezeshkian accused the United States of derailing a deal⁴. He blamed Washington for the failure of an interim deal and urged a new attempt³.

The diplomatic track

European and Middle Eastern foreign ministers met in Istanbul for talks on Hormuz security, in a meeting hosted by the Turkish foreign minister⁸.

Pakistan and seven other nations called for dialogue amid Middle East tensions⁶.

In a joint statement, the ministers reaffirmed their commitment to supporting diplomatic efforts^6,9.

They discussed rising tensions in the Strait of Hormuz, the Bab el-Mandeb and the Black Sea, as well as the safety and freedom of navigation^7,11.

Turkish President Recep Tayyip Erdogan received the visiting ministers at Dolmabahce Palace after the meeting¹².

The United States and Israel have also been warned against launching fresh strikes on Iran¹⁰.

Those warnings came alongside discussion of the strait, Yemen and efforts to end the Russia-Ukraine war¹⁰.

Why it matters to investors

Any reopening of the Strait of Hormuz would bear directly on oil prices and shipping risk, which is why Iran’s offer is framed around the waterway^2,7.

Iran’s statements are claims by a party to the war and have not been confirmed by Washington; Trump has said the war could end soon, but he publicly rejected Iran’s previous offer^4,5.

The war began when the United States and Israel attacked Iran, killing Supreme Leader Ayatollah Ali Khamenei and senior military commanders, and Iran retaliated with attacks on US assets in the region^13,14.

Pezeshkian has said many Iranians are struggling for food as the war bites, a sign of the strain on the country’s economy¹³.

What to watch

The first marker is whether Washington responds through Pakistan to the latest message^1,2.

The second is whether the Istanbul group turns its statement into a formal mediation role^6,9.

The third is shipping in the strait itself, the clearest test of whether any opening is real^5,7.