Ground News·October 26, 2026
Iran FM: ‘Choice Now Rests With US’ Whether Hormuz Traffic Returns to Normal
Iranian proposal
Iran’s proposal would link reopening the Strait to the lifting of the US naval blockade, an oil-sanctions waiver and the release of roughly $12 billion in frozen assets.[1]
Political conditions
The arrangement makes maritime normalization contingent on a broader political settlement. Without agreement on those conditions, vessels face continued uncertainty about access and security.
Practical limits
Even if Washington accepted the framework, reopening would still need to be implemented operationally. Mine clearance, naval coordination and insurer approval could delay the return of regular traffic.
Unresolved outlook
The proposal creates a possible route to a rapid reopening but not a firm forecast. The month of normalization remains unknown and depends on both diplomacy and maritime safety work.