Iran offers to reopen Strait of Hormuz in seven days if US accepts conditions

The Quick Take
Iran's foreign minister Abbas Araqchi reiterated that the proposal to reopen the Strait of Hormuz remains in place. Tehran is analyzing the US response regarding its conditions for ending the conflict. These conditions include lifting sanctions and ending aggression in the region. Meanwhile, US President Donald Trump expressed optimism about a swift resolution to the war and lower gas prices.
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