Iran says the Strait of Hormuz could reopen within two days under a new proposal discussed with Qatari mediators, but only if the United States accepts Tehran’s conditions.

Foreign Minister Abbas Araghchi told Al Jazeera that discussions had reduced the proposed reopening timeline from five days to just two.

He said the plan was still subject to Iran’s demands being accepted by Washington.

Iran’s Conditions for Reopening Hormuz

Iran has set several conditions, including:

• Lifting sanctions imposed after the Islamabad memorandum.
• Reducing US military forces in the region.
• Restoring waivers that allowed Iran to sell oil.
• Releasing frozen Iranian funds, including money held in Qatar.
• Accepting shipping routes agreed between Iran and Oman.

Araghchi said reopening the strait under these conditions could help restart negotiations with the US on other outstanding issues.

Under the proposal, shipping would follow routes agreed by Iran and Oman rather than all existing routes through the strait.

US and Iran Show Signs of Progress

The proposal comes as both sides appear to be showing some willingness to resume dialogue.

Araghchi described a US offer for talks as a positive step. An Iranian delegation is also in Doha for discussions with Qatari officials.

Iranian security chief Mohsen Rezaei said he had reviewed a letter from US Vice President JD Vance and noticed a major change in Washington’s tone.

The US has not publicly responded to Iran’s latest proposal.

Tehran had previously presented a seven-day plan for reopening the strait in exchange for meeting its demands.

What Hormuz Reopening Could Mean for Pakistan

The Strait of Hormuz is a major route for global oil and gas shipments. Its closure has disrupted energy supplies and pushed up prices.

Pakistan imports much of its oil and LNG through the Gulf, making it vulnerable to disruptions in the region.

Petrol currently costs Rs. 377.91 per litre, while high-speed diesel is priced at Rs. 402.96 per litre.

A motorist buying 40 litres of petrol each month spends around Rs. 15,116. Every Rs. 10 per litre increase or decrease changes that monthly bill by Rs. 400.

A reopening could help ease pressure on global oil prices and eventually reduce fuel costs in Pakistan. However, there is no guarantee of an immediate price cut.

For now, the proposal remains conditional. The two-day timeline will only become possible if the US accepts Iran’s demands.

What Happens Next?

Iran says reopening the strait could create an opportunity for wider talks with Washington. Discussions on Iran’s nuclear programme are expected to take place separately after the shipping issue is addressed.